US EditionRio Tinto names Simon Trott as chief
WESTERN AUSTRALIA, JUL 15 – Simon Trott will become Rio Tinto's first Australian CEO since 2016 following Jakob Stausholm's unexpected exit, overseeing major operations tied to Western Australia's iron ore sector.
- Later this year, Rio Tinto named Simon Trott as CEO starting in August, replacing Jakob Stausholm.
- Rio Tinto’s board tapped its Nominations Committee chaired by Dominic Barton led the CEO search, drawing on Simon Trott’s Wheatbelt upbringing as he becomes the first Australian leader since 2016.
- With 25 years in commodities across regions, Trott has strengthened performance through safety and financial discipline and secured growth via new mine developments.
- In response to the appointment, Dominic Barton praised Trott, while Jakob Stausholm will step down upon Trott’s assumption.
- Later this year, Trott’s executive director contract includes a 12-month notice period and a base salary of £1,340,000.
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As it happened: WA news on Tuesday, July 15
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Total News Sources35
Leaning Left4Leaning Right3Center9Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 25%
C 56%
R 19%
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