Rio Tinto: Chief executive of FTSE 100 giant to step down

City A.M.

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Rio Tinto’s chief executive Jakob Stausholm will step down after more than four years leading the FTSE 100 mining giant, it has been announced. The London-listed firm said a “rigorous selection process” had already begun, with Stausholm remaining in the top job until a successor is found. No reason for the exit has been given. [...]

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