US Edition
Rio Tinto names Simon Trott as chief
UNITED KINGDOM, JUL 15 – Simon Trott, the first Australian CEO since 2016, will lead Rio Tinto through operational and cultural challenges, focusing on growth projects and stakeholder partnerships, board said.
- Last Tuesday, Rio Tinto Group appointed Simon Trott, iron ore chief, as CEO, with Bloomberg attributing the decision to the company's succession process.
- Board members cited the Juukan Gorge fallout, prompting Stausholm's surprise resignation after 4.5 years, to address cultural pressures.
- ‘It’s a relatively safe appointment,’ said Kaan Peker at RBC in Sydney, noting Trott’s four years leading Rio Tinto’s iron ore division.
- The move is being hailed as a win for the Australian Government, with Trott being the first Australian to lead Rio Tinto since 2016, strengthening national leadership.
- Expansion in critical metals positions the company for growth, as RBC analysts said `M&A could happen`, indicating potential strategic moves following Trott's appointment.
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48 Articles
Sydney Morning HeraldReposted by 
The Age
The AgeAustralian mining giant backs hometown hero for top job
WA-born Simon Trott’s promotion to Rio Tinto chief executive has won plaudits across the board, with billionaire iron ore magnate Gina Rinehart urging the miner’s new bos to transfer its headquarters from London to Australia.
·Sydney, Australia
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As it happened: WA news on Tuesday, July 15
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·Northbridge, Australia
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Coverage Details
Total News Sources48
Leaning Left4Leaning Right3Center9Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 25%
C 56%
R 19%
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