Rio tinto ceo quits. The market has digested the shock...

Rio tinto ceo quits. The market has digested the shock news that Rio Tinto’s head honcho is on the way out, seemingly not of his own volition, a decision that could have massive ramifications and leaves unanswered questions. PK, RIO. Dominic Allen: graduated in Commerce from the University of WA, started out at Rio Tinto in Perth and then made his money in small cap land, primarily as chief commercial officer of US-based titanium flyer IperionX where he appears in the top 20 (see page 120 of the 2024-25 annual report). Mr Albanese's decision to stand down follows more than $13 billion worth of write-downs on the . Stausholm, who first joined Rio Tinto in 2018, became chief executive in 2021 after previously serving as the company's executive director and chief financial officer. Jakob Stausholm’s imminent departure announced on Mining giant Rio Tinto has announced chief executive Jakob Stausholm will step down, more than four years since he took over following global criticism of the company for its destruction of Rio Tinto is a global leader in mining and materials, operating across six continents and supplying essential metals and minerals to drive global economic development and the transition to a low-carbon future. Feb 11, 2026 · Rio Tinto CEO Jakob Stausholm Announces Departure After Four-Year Tenure Stausholm's exit follows a period marked by significant controversies and efforts to rebuild stakeholder relationships. Rio Tinto CEO Jean-Sébastien Jacques has stepped down after the company destroyed the Juukan Gorge caves in Australia. Rio Tinto drops CEO over blast at ancient Aboriginal site 09/11/2020 Rio Tinto has come under pressure to address the destruction of 46,000-year-old caves considered significant for Aboriginal The resignation of Rio Tinto CEO Jean-Sebastien Jacques and two senior executives has been welcomed by the National Native Title Council, but it says this is just the "first step in the right During his nearly five-year stint at the helm of the world’s second-biggest miner, Rio Tinto has sought to repair its reputation with investors and communities. Amid a rush of evidence that global bosses are developing a harder edge towards employees as the economy slows and AI usage grows, outgoing Rio Tinto chief executive Jakob Stausholm says his long Rio Tinto has bowed to pressure, and dumped its CEO and two senior executives blamed for destroying an ancient Aboriginal site in Western Australia Chief executive Jean Sebastien Jacques is Mining company Rio Tinto has announced the sudden resignation of its chief executive Tom Albanese. The world’s second-largest mining company Rio Tinto announced on Friday the resignation of its Chief Executive Officer and two other top officials after the mining firm destroyed a 46,000-year-old aboriginal site. May 23, 2025 · The abruptness of the announcement about the end of Stausholm’s time at Rio Tinto follows equally dramatic CEO events at the company including the 2013 exit of Tom Albanese after heavy losses on Sep 11, 2020 · Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Juukan Gorge is in Hamersley Ranges, in Western Australia's Pilbara region. Rio Tinto CEO Jakob Stausholm will step down later this year, the London-listed miner said on May 22, adding that a selection process for his successor is underway. The CEO and two senior executives are stepping down from global mining company Rio Tinto after it blew up an ancient Aboriginal heritage site in Australia in order to expand an iron ore mine. Jean-Sébastien Jacques has been forced to quit as chief executive of Rio Tinto after failing to quell an May 22, 2025 · Rio Tinto bets big on Lithium Triangle’s brine riches CEO Jakob Stausholm says brines in Argentina, Chile and Bolivia offer the best chance for the world to access low-cost, high-quality lithium. Jakob joined Rio Tinto in 2018 as Executive Director and Chief Financial Officer, and became Chief Executive in January May 22, 2025 · Rio Tinto CEO Jakob Stausholm, who in his 4-1/2 year tenure oversaw a big bet on lithium and a cultural overhaul at a firm strongly criticised for workplace toxicity, is to step down, the miner May 22, 2025 · Mining giant Rio Tinto has announced chief executive Jakob Stausholm will step down, more than four years since he took over following global criticism of the company for its destruction of Jakob Stausholm said he would leave Rio Tinto at the end of the year, a resignation followed an hour later by Fortescue’s co-chief executive Mark Hutchinson. Rio Tinto announced Thursday that CEO Jakob Stausholm would be stepping down later this year after leading the mining and minerals provider since January 2021. Jean-Sébastien Jacques has been forced to quit as chief executive of Rio Tinto after failing to quell an investor backlash over the destruction of a 46,000-year-old Aboriginal site in Western Rio Tinto CEO Jakob Stausholm, who in his 4-1/2 year tenure oversaw a big bet on lithium and a cultural overhaul at a firm strongly criticised for workplace toxicity, is to step down, the miner Rio Tinto CEO Jakob Stausholm will step down later this year, the London-listed miner said on May 22, adding that a selection process for his successor is underway. L, RIO, RTNTF. Rio Tinto's chief executive Jean-Sebastien Jacques will resign "by mutual agreement" following the destruction of Aboriginal heritage sites by the company. French born Mr Jacques, who goes by JS, has been CEO of Rio Tinto since 2016. The boss of mining giant Rio Tinto will resign following pressure from shareholders after destruction of some of Australia's oldest heritage sites by the company. PK) announced that its Chief Executive Jakob Stausholm will leave the company later this year following the completion of a succession process. Jakob Stausholm, the chief executive of mining giant Rio Tinto, has announced his decision to step down after more than four years in the role. Read more. Rio TInto's Jean-Sebastien Jacques is to quit as CEO after bowing to pressure over the mining giant's destruction of an important Aboriginal site. Rio Tinto (RTPPF. Rio Tinto and Fortescue have announced significant leadership changes, with Jakob Stausholm set to step down as Rio chief executive officer. Rio Tinto's CEO, Jakob Stausholm, will step down after four years in the role, the mining company announced on Thursday. May 22, 2025 · LONDON--(BUSINESS WIRE)-- Rio Tinto today announced that Chief Executive Jakob Stausholm will step down from the Group later this year, at the conclusion of a succession process. Rio Tinto PLC RIO-N chief executive Jakob Stausholm is stepping down earlier than expected, with little explanation from the British-Australian mining giant about what motivated the decision Rio Tinto and Fortescue have announced significant leadership changes, with Jakob Stausholm set to step down as Rio chief executive officer. Rio Tinto CEO Jakob Stausholm to Step Down Amid Major Bauxite Expansion Plans Drills extracting gold from a gold mine, revealing the company's gold mining operation. Rio Tinto CEO Jean-Sébastien Jacques and two top executives have resigned after coming under investor pressure over the desecration of an Aboriginal site in Western Australia. Rio Tinto announced the resignation of its CEO and two top lieutenants Friday over the mining giant's destruction of a 46,000-year-old Aboriginal site to expand an iron ore mine in Australia. Resources Minister Madeleine King is open to Rio Tinto pursuing a mining mega-merger with Glencore, and expressed confidence that Rio will retain its footprint in the Australian resources industry The market has digested the shock news that Rio Tinto’s head honcho is on the way out, seemingly not of his own volition, a decision which could have massive ramifications for the global mining industry and leaves a raft of unanswered questions. MELBOURNE/LONDON (Reuters) -Rio Tinto CEO Jakob Stausholm, who in his 4-1/2 year tenure oversaw a big bet on lithium and a cultural overhaul at a firm strongly criticised for workplace toxicity Rio Tinto Chief Executive Jakob Stausholm will step down later this year, ending a nearly five-year stint at the helm of the world's second-biggest miner, during which it sought to repair its A global search is underway to replace the boss of mining giant Rio Tinto, Jakob Stausholm, who will step down later this year. Rio Tinto CEO Jakob Stausholm, who in his 4-1/2 year tenure oversaw a big bet on lithium and a cultural overhaul at a firm strongly criticised for workplace toxicity, is to step down, the miner Rio Tinto is parting ways with its CEO and two senior executives, bowing to mounting shareholder criticism of the destruction of two significant Aboriginal rock shelters and the global miner’s Rio Tinto has started its search for a successor to Stausholm, who joined the company in 2018 and has led it since 2021. Rio Tinto CEO Jakob Stausholm is stepping down from his role later this year, the mining giant announced on Thursday. pvnst, wlz2ym, 2joy, e2gvo8, dg1l, 6vsp, ix93, stt2, 2vfo7o, yhngx,