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Save Share Rio Tinto has promoted its chief financial officer Jakob Stausholm to be its next chief executive, resisting pressure to appoint an Australian citizen as part of efforts to boost its engagement with the nation that provides the majority of its earnings. Danish executive Jakob Stausholm will be the next chief executive of Rio Tinto.  Supplied A Danish citizen who stands almost two metres tall, Mr Stausholm said regaining the trust of traditional owners in Australia’s iron ore heartland would be one of his “key priorities” when he officially replaces Jean-Sebastien Jacques on ...

Rio Tinto Appoints Jakob Stausholm As CEO After Aboriginal Cave Blast Crisis LONDON (dpa-AFX) - Rio Tinto Plc (RTPPF.PK, RIO.L, RIO, RTNTF.PK) said Thursday that it has appointed Jakob Stausholm as chief executive officer, effective 1 January 2021. The Anglo-Australian mining giant said that J-S Jacques will step down from his role as an executive director and chief executive of the company effective from 1 January 2021 and will leave the Group on 31 March 2021. Stausholm joined Rio Tinto as an executive director and chief financial officer in 2018. Before joining to Rio Tinto, he was Group C...

"Never Again." These words are used with boring, stage managed frequency by political and company figures who should know better. They title the interim report from the Joint Standing Committee on Northern Australia investigating the destruction of rock shelters at Juukan Gorge in Western Australia by Rio Tinto. This act of spectacular cultural vandalism destroyed sites 46,000 years old. The company initially thought it was worth the bill: AU$135 million worth of iron ore. The efforts of Rio Tinto were given that more punch as they took place on the eve of Reconciliation Week on May 24. They ...

Ian Silk readies AustralianSuper for a $300b world Dec 10, 2020 – 4.19pm Share AustralianSuper chief executive Ian Silk says he has no plans to retire and is readying the fund for a world where it is a $300 billion behemoth which invests a greater slice of its assets offshore and gobbles up more public companies. Australia's largest superannuation fund, AustralianSuper this week became the country's first nest-egg manager to surpass $200 billion in assets after 410,000 workers joined the retirement savings vehicle this year. AustralianSuper chief executive Ian Silk: "We’ll continue to inv...