New management structure for Rio
Diversified miner Rio Tinto has unveiled a new organisational structure, increasing its focus on operational excellence and project development, and strengthening the company’s environmental, social and governance (ESG) credentials and rebuilding trust, particularly in Australia.
Rio Tinto CEO Jakob Stausholm late last month announced the appointment of a permanent CEO of Rio’s iron-ore business, created a COO role, and added a chief executive for Australia to his leadership team.
Simon Trott, currently chief commercial officer, will become iron-ore CEO, while copper and diamonds CEO Arnaud Soirat will become group COO. Kellie Parker, currently the MD of Pacific Operations aluminium, will join the executive committee (ExCo) as the CEO for Australia.
In addition to Trott’s appointment, Ivan Vella, currently interim iron-ore CEO, will become aluminium CEO; energy and minerals CEO Bold Baatar will become copper CEO; and Sinead Kaufman, currently MD operations: copper and diamonds, will join the ExCo as minerals CEO.
Rio will retain four product groups – aluminium, copper, iron-ore and minerals – which will now also include the diamonds business.
The product groups will continue to be supported by the safety, technical and projects group, which is run by Mark Davies and includes the recently established communities and social performance function.
Aluminium CEO Alf Barrios will become chief commercial officer, leading the drive to deliver additional value from mine to market.
Vera Kirikova, chief people officer, has decided to leave the company. James Martin, currently a partner at Egon Zehnder, will join Rio as chief people officer with effect from April 6.
Peter Toth remains as group executive: strategy and development, including climate change; Barbara Levi remains as chief legal officer and external affairs; and Peter Cunningham continues as interim CFO until the recruitment process for a permanent appointment is finalised.
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