By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > Rio Tinto chief Jakob Stausholm to step down
News

Rio Tinto chief Jakob Stausholm to step down

News Room
Last updated: 2025/05/22 at 3:43 AM
By News Room
Share
1 Min Read
SHARE

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Rio Tinto chief executive Jakob Stausholm will step down this year, and the search for a successor is under way, the FTSE 100 mining group said on Thursday.

Rio did not give a reason for the unexpected exit of Stausholm, who has led the miner since 2021.

Under Stausholm, Rio has made a big push into lithium production, including the $6.7bn acquisition of Arcadium Lithium last year.

He was also tasked with restoring the company’s image after a huge shareholder outcry when the company destroyed Juukan gorge, a sacred aboriginal site, in 2020.

The company’s chair, Dominic Barton, said Stausholm had set a “compelling growth strategy”. The company said a “rigorous selection process” was under way to identify Stausholm’s replacement.

Stausholm will continue in his role while a successor is sought.

Rio, which is listed in London and Sydney, has been under pressure from an activist shareholder to move its primary listing to Australia.

At the recent annual general meeting, shareholders rejected a proposal to study the unification more closely.

Read the full article here

News Room May 22, 2025 May 22, 2025
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Markets can “breathe a sigh of relief” once tariff news gets out. 🗞️

Watch full video on YouTube

CNBC tests the viral Dubai chocolate bars

Watch full video on YouTube

How trade tensions are really affecting the global economy

When the UK became the first country to reach a trade agreement…

Hamas gives ‘positive’ response to Trump proposal for Gaza ceasefire

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

Valve conquered PC gaming. What comes next?

Here at FT Alphaville we love exploring “black hole” companies: those ultra-private…

- Advertisement -
Ad imageAd image

You Might Also Like

News

How trade tensions are really affecting the global economy

By News Room
News

Hamas gives ‘positive’ response to Trump proposal for Gaza ceasefire

By News Room
News

Valve conquered PC gaming. What comes next?

By News Room
News

Saudi Arabia sticks with Iran after Israel war

By News Room
News

BCG modelled plan to ‘relocate’ Palestinians from Gaza

By News Room
News

US threatens EU with 17% tariff on food exports

By News Room
News

Donald Trump and Volodymyr Zelenskyy discuss Ukrainian air defence as Russian attacks mount

By News Room
News

Israel aims to maintain ‘aerial superiority’ over Iran

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?