Rio Tinto's board last year chose Danish businessman Jakob Stausholm for the top job, although some Australian investors had pushed for a leader with strong experience of local Indigenous issues. Stausholm joined Rio as its Chief Financial Officer in 2018 and will be based in London. Last month, Rio's remuneration committee handed chunky payouts to all three executives forced to leave. Jacques, who stepped down from his role at the end of 2020, received total remuneration of 13.3 million pounds ($18.6 million) under Australian accounting rules, up from 7.1 million pounds a year earlier.