You are here: Home » Reuters » News
Business Standard

Rio Tinto holds course as it looks inward for new chairman

Reuters  |  SYDNEY 

By James ReganSYDNEY (Reuters) - Global miner Rio Tinto signalled on Monday it will stick with its "value over volume" strategy, outlining further moves to boost shareholder returns and appointing a new chairman from within its board.Rio ended months of speculation by naming Simon Thompson to succeed chairman Jan du Plessis, who will step down after almost nine years at the helm of the Anglo-Australian mining house.Thompson, a former investment banker and senior executive with Anglo American, and the chairman of Rio's remuneration committee, will take on the new role on March 5, 2018.The ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, December 04 2017. 15:57 IST