Rio Tinto hunts broadly for new CEO, in contrast with strong BHP bench
As Rio Tinto searches for a new CEO, the miner will cast a wide net due to a very short list of possible internal candidates, sources said, in contrast with laser-focused succession planning at its main rival BHP. Rio, the world's largest iron ore miner, took investors by surprise on Thursday when the company announced CEO Jakob Stausholm will step down later this year once a successor is appointed. It gave no reason for the move.
As Rio Tinto searches for a new CEO, the miner will cast a wide net due to a very short list of possible internal candidates, sources said, in contrast with laser-focused succession planning at its main rival BHP.
Rio, the world's largest iron ore miner, took investors by surprise on Thursday when the company announced CEO Jakob Stausholm will step down later this year once a successor is appointed. It gave no reason for the move.
