Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Anglo-Australian miner Rio Tinto has made several changes in its executive management to ensure a better environmental and social image for the company. 


Jakob Stausholm, Rio Tinto’s chief executive officer (CEO) indicated in an announcement on Jan 27, that the company has decided to create a new CEO Australia position as well as a chief operating officer (COO) title. All these changes will be effective from March 1. 


As part of its leadership team’s restructuring, Kellie Parker, who currently serves as managing director of Pacific operations Aluminum, will be appointed as the CEO for Australia. Parker will focus on rebuilding relationships among the Australian community in her new role. 


Arnaud Soirat, currently the Copper and Diamonds CEO, will be promoted to the group’s COO, and Simon Trott, currently serving as Rio Tinto’s chief commercial officer will become the company’s Iron Ore CEO. 


Rio Tinto will continue to have four product divisions: Aluminum, Copper, Iron Ore, and Minerals. Ivan Vella, who is the interim Iron Ore CEO, will hold the title of Aluminum CEO, while Bold Baatar, who currently works as CEO of Energy and Minerals will be the Copper CEO. Aluminum CEO Alf Barrios will become the group’s chief commercial officer. 


Rio Tinto also recently announced that it has signed a multi-year enterprise deal with Palantir Technologies, a software and data company, to use the latter’s Foundry Platform which enables efficient data handling and processing. 

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