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Head of mining group Rio Tinto resigns

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Jakob Stausholm will be leaving his post at the world's largest iron ore producer this year. He will manage the company until a successor is found.


Melbourne. The head of the Anglo-Australian mining group Rio Tinto
$RIO (-1.52%) has announced his resignation. Jakob Stausholm will step down from his post later this year, the company announced on Thursday. The search for a successor is already underway.

In the meantime, the Danish manager will continue to lead the company until a new CEO is appointed. The world's largest iron ore producer had appointed the former CFO as CEO in 2020. His predecessor Jean-Sebastien Jacques had to step down after Rio Tinto blew up 46,000-year-old Aboriginal rock caves in the Juukan Gorge in order to access iron ore.


Source: Handelsblatt

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