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Rio Tinto chief Jakob Stausholm to step down

  • Rio Tinto announced CEO Jakob Stausholm will step down later in 2025 amid a global search for his replacement.
  • Stausholm became CEO in January 2021 after his predecessor resigned following the destruction of ancient Juukan Gorge rock shelters.
  • During his near five-year tenure, Stausholm oversaw cultural reforms after bullying reports and shifted Rio's focus to energy transition metals like lithium and copper.
  • Rio Tinto, a $164 billion dual-listed mining giant, saw share price fluctuations but improved stakeholder trust and set a growth trajectory under Stausholm's leadership.
  • Stausholm's surprise departure creates a leadership vacancy at one of the world’s largest miners as Rio aims to enhance operational performance and realize asset potential.
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borsen.dk broke the news in on Thursday, May 22, 2025.
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