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Rio Tinto: Appoints Jakob Stausholm as chief executive

  • Rio Tinto (RIO) has appointed Jakob Stausholm as chief executive, effective January 1, 2021
  • Jakob is an experienced global executive with 25 years of experience in leadership roles across capital intensive and service industries
  • He joined Rio in 2018 as executive director and Chief Financial Officer
  • As a result of Jakob’s appointment, Peter Cunningham will be appointed interim Chief Financial Officer, effective January 1
  • Furthermore, CEO Jean-Sébastien Jacques will be stepping down from his role as executive director and chief executive, effective January 1
  • Rio has ended the day 1.81 percent in the green with shares trading at $116.44
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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