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Rio Tinto chief Jakob Stausholm to step down

  • Rio Tinto has revealed that Jakob Stausholm will leave his role as CEO later in 2025, and the company has begun an international search to find his successor.
  • Stausholm became CEO in January 2021 after a crisis triggered by Rio's destruction of 46,000-year-old Juukan Gorge rock shelters that led to his predecessor's exit.
  • Under Stausholm's leadership, Rio improved cultural heritage processes, focused on energy-transition metals like lithium and copper, and rebuilt stakeholder trust.
  • Rio, a dual-listed $164 billion company and one of the world's largest iron ore and aluminum exporters, said this is a "natural moment" to appoint a successor.
  • Stausholm's departure creates a top leadership vacancy amid investor surprise, with internal contenders expected and Rio aiming for an orderly succession and operational growth.
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borsen.dk broke the news in on Thursday, May 22, 2025.
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