rio tinto ceo replacement

On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") today announced fourth quarter 2020 production for Oyu Tolgoi, as well as operational and financial guidance for … We’re pleased that Rio Tinto has accepted this offer, which will now provide certainty for the Southland community." Newmont president and chief executive officer Tom Palmer (Image: Screenshot from Youtube Video) Newmont CEO Tom Palmer is not interested in … Rio Tinto CEO and other top executives to step down after Australia cave blast review Published Thu, Sep 10 2020 8:40 PM EDT Updated Fri, Sep 11 2020 7:54 AM EDT His blend of strategic and commercial expertise, strong values and a collaborative leadership style are the ideal qualities for our next chief executive.”, Jakob Stausholm said, “I am truly delighted and humbled to be given the opportunity to lead this tremendous company. Rio Tinto shipped 88.9 million tonnes (Mt) of iron ore in the three months to December, up from 86.8 Mt a year earlier and slightly above UBS’ forecast of 88.6 Mt. Rio Tinto CEO Jean-Sebastien Jacques will leave the mining giant over the destruction of Australian indigenous sacred sites to access iron ore. ... Jacques will step down once a replacement … The CEO of Arvato Financial Solutions (Buchanan Clark & Wells, BCW Group, Power 2 Contact, Power2Contact, Power To Contact, Credit Solutions, Arvato Credit Solutions, CSL, Cougar Financial Services) is Ms D Nolan Who is the Managing Director of AS Watson Group UK (Superdrug, Super drug, Perfume Shop, Perfumeshop, The Perfume Shop, A.S. Watson, AS Whatson, savers.co.uk, Savers … Latest news, expert advice and information on money. David Leblond estime que les comités de santé et de sécurité sont ainsi « attaqués de front ». Jean-Sébastien Jacques will continue to serve as the CEO for a period of time. Rio Tinto once saw Simandou as central to its ambitions to become the world's top iron-ore producer after winning the rights to mine a 300-square-mile area in 2006. I notice the usual posts blaming every man and his dog for the share price performance. However, activist investors and environmental groups put pressure on the company after it claimed no individual mistake was made in response to the initial controversy. Civmec wins $100M in new work. Celui qui représente les travailleurs de PFR au Lac-Saint-Jean craint par exemple une perte de représentation au sein d’un comité qui pourrait être régional ou interrégional. Rio Tinto's new Simandou reality. According to a news release from Rio Tinto, current Jean-Sébastien Jacques is resigning from the company as a result of the incident. Wyckoff, Seabridge Gold to raise up to US$75 million, The Metals, Money, and Markets Weekly by Mickey Fulp - January 22, 2021, Why this could kick off new bullish phase in gold price, Republican resistance stalls President Biden’s enactment of $1.9 trillion relief bill, Gold/silver/bitcoin: It's about to get 'Choppy', CPM Group issues short term SELL recommendation for gold, CPM Group Trade Signal - January 22, 2021. Dryblower on Paterson's Curse. Mets Investor. U.S. President-elect Joe Biden has indicated support boosting domestic production of metals used to make electric vehicles, solar panels and other products crucial to his climate plan. Today's news - Search Regulatory news, RNS Search, via Company or code, Index, Industry Sector, Headline type, Release date and Source Jean-Sébastien Jacques was battling right to the very end to stay at the helm of Rio Tinto. Mean consensus: HOLD: Number of Analysts: 25: Average target price: 78,01 $ Last Close Price: 80,78 $ Spread / Highest target Deals/Finance 21 JAN 2021. It’s worth noting that … Barry Fitzgerald 20 JAN 2021. Simon Thompson, chairman of Rio Tinto, said the following about the news. Civmec wins $100M in new work. Alcan's chief executive, Jacynthe Cote, led the new division, renamed Rio Tinto Alcan with its headquarters situated in Montreal. David Leblond estime que les comités de santé et de sécurité sont ainsi « attaqués de front ». Since I joined two years ago, I have spent extensive time at our operations, meeting our excellent people and have also engaged with many of our valued partners.”. Wyckoff, Where Are the Stops - Jim Rio Tinto CEO and senior executives resign from company after Juukan Gorge debacle. Deals/Finance 21 JAN 2021. Rio Tinto’s Earnings: Writedowns And CEO Replacement Raises Questions On Outlook February 12th, 2013 by Trefis Team -11.93% Rio Tinto said Mr. Stausholm , who joined Rio Tinto in 2018, has played a central role in strengthening the miner's balance sheet, maintaining capital discipline and boosting returns to … KUKA wins major Mercedes-Benz contract. On Thursday, the mining giant named Chief … Rio Tinto named Chief Financial Officer Jakob Stausholm as its next chief executive on Thursday, defying expectations it would pick an external candidate to … Given the effective date of Mr Stausholm’s appointment, J-S Jacques will step down from his role as an executive director and chief executive of Rio Tinto with effect from 1 January 2021 and will leave the Group on 31 March 2021. Australian miner Rio Tinto has appointed Jakob Stausholm as chief executive, effective January 1, replacing Jean-Sébastien Jacques who will step down and leave the group by the end of March. Leadership; Deals/Finance; Events Coverage ; Stocks/Market Insight; Latest from the Mets Investor Channel. Despite Covid the world is ‘open’ and things are moving all be it with additional precautions. New Rio Tinto boss Jakob Stausholm faces the first major test of his tenure as Rio chief executive, with the government of Mongolia renewing threats to … The Rio Tinto news release says that he will resign when a replacement is found, or on March 31, 2021, whichever comes first. Bloomberg delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News on everything pertaining to politics Dryblower on Paterson's Curse. This article is more than 4 months old. Rio Tinto today said it had begun remedial works to sacred Aboriginal caves in Western Australia destroyed in a scandal which sparked international outcry. A Rio Tinto-Meridian Energy deal to keep Tiwai Point open until at least 2024 ... Vodafone cable TV gets the biff - but telco says free replacement is better. Connect with friends faster than ever with the new Facebook app. “What happened at Juukan was wrong and we are determined to ensure that the destruction of a heritage site of such exceptional archaeological and cultural significance never occurs again at a Rio Tinto operation. (Kitco News) - Rio Tinto announced today that it has appointed Jakob Stausholm as chief executive, effective 1 January 2021. Rio Tinto announced today that it has appointed Jakob Stausholm as chief executive, effective 1 January 2021. According to a news release from Rio Tinto, current Jean-Sébastien Jacques is resigning from the company as a result of the incident. Rio Tinto’s incoming CEO Jakob Stausholm is expected to have an immediate focus on changing the miner’s corporate culture and repairing damage from the Juukan Gorge destruction, BMO analysts said. Rio Tinto releases fourth quarter production results. … Rio Tinto Group may choose to play it safe in its next choice of chief executive officer. Rio Tinto PLC (LON:RIO) has named Jakob Stausholm as the mining major’s new chief executive, effective January 1 2021. Rio Tinto enters scandium market scandium market. Rio Tinto said it has “a lot of work to do” after a scandal that forced its chief executive to stand down. Rio Tinto n’a toutefois pas démontré d’intentions en ce sens jusqu’à présent, précise-t-il. THE name of Mark Cutifani, CEO of Anglo American, cropped up following the resignation of Jean-Sebastien Jacques, boss of rival firm, Rio Tinto, last week.. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Rio Tinto (NYSE:RIO) has announced the resignation of its CEO following outgrade after the destruction of the Juukan gorge caves. Rio Tinto CEO, Jean-Sébastien Jacques, was asked by the group’s board to step down following investor and stakeholder pressure. Jakob Stausholm. Should Rio Tinto get a tick for bravery or a black mark for being tone-deaf? Chairman Simon Thompson said, “I am pleased to announce the appointment of Jakob as Chief Executive of Rio Tinto. We are also determined to regain the trust of the Puutu Kunti Kurrama and Pinikura people and other Traditional Owners. Like us on Facebook to see similar stories. The broker believes Rio Tinto will be able to generate free cash flow yields of over 10% in 2021. Credit Suisse envisages capacity for a "fruitful" dividend in February although acknowledges there are plenty of unknowns including the next CEO and the potential changes in the aftermath of the Juukan Gorge incident. Citing analysts and bankers, the Financial Times, said Cutifani was a possible replacement for Jacques, as well as Sandeep Biswas, CEO of Australian miner, Newcrest Mining.Cutifani was in 2019 approached by BHP after its then CEO, … U.K. Green thumbs grow demand for inner city gardening plots during pandemic. Jean-Sébastien Jacques, the company's chief executive and executive director, will depart by "mutual agreement," Rio Tinto said. RIO stock was up 5% as of Friday afternoon. 7 Sin Stocks to Buy Now as America Reopens. Downer moves out of underground mining. Register with us today and in less than 60 seconds continue your access to: Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts The Anglo-Australian miner has started rebuilding ties with the indigenous owners of sacred caves in the Pilbara region of Western Australia it destroyed in May. Show full articles without "Continue Reading" button for {0} hours. Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has named finance head Jakob Stausholm as its next chief executive, replacing incumbent Jean-Sébastien Jacques who had to step down following an international outcry over the miner’s destruction of sacred Aboriginal rock shelters.. Stausholm, a Danish national who joined the company in 2018 from shipping company AP Moller-Maersk, will be tasked … Pensions, property and more. Editor's Note: Get caught up in minutes with our speedy summary of today's must-read news stories and expert opinions that moved the precious metals and financial markets. Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more A scandal which sparked international outcry had begun remedial works to sacred Aboriginal caves in Western Australia destroyed in scandal! For years and has a massive PR problem after blowing up the Juukan Gorge caves Thompson, chairman of Tinto. 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