Rio Tinto announces executive reshuffle, new Australian CEO role

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Rio Tinto has unveiled a new executive team featuring a permanent Chief Executive of its Iron Ore business, a Chief Operating Officer (COO) role, and a Chief Executive Australia.

According to the company’s announcement, Simon Trott, currently Chief Commercial Officer, will become Iron Ore Chief Executive; Copper & Diamonds Chief Executive Arnaud Soirat will become Group COO; and Kellie Parker, now Managing Director Pacific Operations Aluminium, will join the Executive Committee (ExCo) as Chief Executive Australia.

In her role as Chief Executive Australia, Kellie Parker will focus on rebuilding trust and strengthening external relationships across Australia.

Commenting on the announcement, Rio Tinto Chief Executive Jakob Stausholm said the move was aimed at increasing the company’s focus on operational excellence and project development, strengthening its ESG credentials, and rebuilding trust, particularly in Australia, under a new organisational structure.

“I would like to welcome Kellie, Sinead and James to the executive team. They will bring a new perspective along with strong track records,” Mr Stausholm said.

“Rio Tinto continues to deliver strong safety and operational performance, despite the ongoing challenges of COVID-19, there are improvements we can achieve across the business to make Rio Tinto more resilient, and an even stronger performer and employer.

“I want to re-establish Rio Tinto as a trusted partner for host communities, governments and other stakeholders.

“Now the work starts for ExCo, with a full agenda ahead of us and a determination to become a strong team. I am confident that together we can unleash Rio Tinto’s full potential.”

Rio said it would retain four product groups – Aluminium, Copper, Iron Ore, and Minerals, which will now also include the Diamonds business. They will continue to be supported by the Safety, Technical and Projects Group, run by Mark Davies, which includes the recently established Communities & Social Performance function.

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