logo
  

Rio Tinto Confirms Interim CFO Peter Cunningham As Its Finance Chief

Rio Tinto PLC (RIO) Thursday said it is confirming Peter Cunningham as Chief Financial Officer with immediate effect.

Peter, who will also join the Board as an executive director, has been serving the company as interim CFO since January 1, 2021.

Peter's career with Rio Tinto spans nearly 28 years, where he held several financial and non-financial leadership positions across in Australia and the UK.

"I look forward to Peter joining the Rio Tinto Board and know from experience that his deep understanding of Rio Tinto and commitment to disciplined capital allocation will serve shareholders well and enrich our Board discussions," said Rio Tinto chairman Simon Thompson.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
PepsiCo, Inc. (PEP) has reached an agreement with private equity firm PAI Partners to sell Tropicana, Naked and other select juice brands across North America. The agreement also includes an irrevocable option to sell certain juice businesses in Europe. The combined pre-tax cash proceeds will be approximately... Drug major Eli Lilly And Co. reported Tuesday weak profit in its second quarter, despite higher revenues driven by strong volume across core business and most major geographies. Further, the company trimmed its forecast for fiscal 2021 earnings on a reported basis and margin, while maintained adjusted earnings view above market estimates. The company also tightened full-year revenue forecast. Shares of BMW Group were losing around 5 percent in German trading after the luxury automaker warned Tuesday that its second half-year is likely to be more volatile, affected by supply bottlenecks, high prices for raw materials and a shortage of semiconductors. This was despite reporting strong second-quarter results driven by solid demand.
Follow RTT