US EditionStausholm disagreed with Rio's board on Glencore tie-up
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Stausholm disagreed with Rio's board on Glencore tie-up
RIO Tinto and the group’s CEO Jakob Stausholm agreed to part ways amid concerns he was reluctant to prioritise cost management and explore key strategic opportunities, said Reuters citing six sources familiar with the matter. The world’s second-largest listed mining company surprised investors last week by announcing Stausholm would step down later this year, though no official reason was given for his departure. Board tensions escalated as Stau…
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