Rio Tinto Restructures Management Team, Iron Ore Chief to Leave
June 21 2016 - 3:58AM
Dow Jones News
By Alex MacDonald
LONDON--Mining giant Rio Tinto PLC (RIO) said Tuesday its
incoming chief executive Jean-Sébastien Jacques has restructured
the management team based on four product groups--aluminum, copper
and diamonds, energy & minerals and iron ore--and created a
fifth group that will focus on asset growth and innovation.
Jean-Sébastien Jacques, currently Rio's deputy chief executive
is to take over the helm from CEO Sam Walsh on July 2.
Alfredo Barrios will remain CEO of the aluminum division, based
in Montreal.
The iron ore division will be exclusively focused on iron ore
operations in Western Australia and run by Chris Salisbury,
currently acting CEO of the copper & coal division. He will be
based in Perth.
As part of the restructuring, Andrew Harding, currently Rio's
head for iron ore operations, will leave the business on July
1.
-Write to Alex MacDonald at alex.macdonald@wsj.com
(END) Dow Jones Newswires
June 21, 2016 03:43 ET (07:43 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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