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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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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