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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Speculation begins on Rio Tinto's new CEO as Stausholm set to depart later this year
Rio Tinto surprised investors with its announcement that CEO Jakob Stausholm will step down later this year once a successor is appointed, sparking speculation over potential candidates,
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