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Coal will now sit with uranium, salt, borates and titanium dioxide businesses, as well as the Iron Ore Company of Canada.
Rio Tinto’s newly-appointed CEO Jean-Sebastien Jacques said the changes will strengthen Rio Tinto’s organisational structure to continue to drive performance.
“I am pleased to unveil our new executive team which represents seven nationalities and is as diverse as it is experienced. Each new team member has more than 20 years’ experience in the resources sector, which complements the deep expertise of the existing executive team.
“We will work together with all of our employees around the world to build an even stronger company, well positioned for delivering returns and building growth.”
Reflecting Rio Tinto’s increased focus on health and safety, accountability for safety as a discrete unit will sit with an executive committee member for the first time.
Joanne Farrell, currently the global head of Health, Safety, Environment and Communities will take on the role of Group executive, Health, Safety & Environment based in Perth.
Farrell, who has more than 35 years’ experience in the mining sector, will also become managing director of Australia.
“In the face of testing times for the industry, Rio Tinto is performing remarkably well. Our ambition is to deliver superior performance day-in and day-out so that we create value for our shareholders and communities now and over the long term,” Jacques said.
“Our strategy, commitment to balance sheet strength and focus on shareholder returns will not change; but we are strengthening our structure and delivery by placing our assets at the heart of the business to drive improved performance.
“I am pleased to unveil our new executive team which represents seven nationalities and is as diverse as it is experienced. Each new team member has more than 20 years’ experience in the resources sector, which complements the deep expertise of the existing executive team.
“We will work together with all of our employees around the world to build an even stronger company, well positioned for delivering returns and building growth.”
