Rio Tinto Restructures Management Team
June 21 2016 - 4:50AM
Dow Jones News
LONDON—Mining giant Rio Tinto PLC said Tuesday its incoming
chief executive Jean-Sé bastien Jacques has restructured its
management team based on four product groups—aluminum, copper &
diamonds, energy & minerals and iron ore—and created a fifth
group that will focus on asset growth and innovation.
Mr. 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 exclusively focus on iron ore
operations in Western Australia and will be run by Chris Salisbury,
currently acting chief of the copper & coal operations. He will
be based in Perth.
As part of the restructuring, Andrew Harding, currently chief of
the company's iron ore division, will leave the business on July
1.
Write to Alex MacDonald at alex.macdonald@wsj.com
(END) Dow Jones Newswires
June 21, 2016 04:35 ET (08:35 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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