– UK, London – Rio Tinto (LON: RIO | ASX: RIO) today announced the appointment of Dominic Barton as the new Board Chair, effective from 4 April 2022, to succeed Simon Thompson who will step down from the Board on 5 May 2022.
Dominic Barton will be appointed to the role of Chair after the AGM on 5 May 2022.
“I am delighted with the choice of Dominic, who I believe brings exactly the skills and experiences that we in Rio Tinto need. I am truly looking forward to working with Dominic in our effort to continue to strengthen Rio Tinto, in particular drawing on his wealth of experience across Asia in both a business and diplomatic capacity,” commented CEO, Jakob Stausholm.
Sam Laidlaw, senior independent director, said, “The Board is delighted to have appointed such an outstanding individual and I know Dominic will lead the Rio Tinto Board with distinction. He has an impressive track record, with extensive business and diplomatic knowledge and a deep understanding of the link between business, governments, and society. On behalf of the Board, I welcome him to Rio Tinto.”
About Dominic Barton
A Ugandan-born Canadian, Dominic Barton spent over 30 years at McKinsey & Company, including nine as the Global Managing Partner and six as Asia Chairman. Most recently, he has been Canada’s Ambassador to China since 2019. He brings a wealth of global business experience having advised clients in a range of industries, including banking, consumer goods, high tech and industrials, as well as a deep insight of geopolitics, corporate sustainability and governance.
Dominic’s previous corporate governance work includes being Chair of Teck Resources, a non-executive director at Singtel Group and a non-executive director at Investor AB. He has held various public sector leadership positions, including Chair of Canada’s Advisory Council for Economic Growth and Chair of the International Advisory Committee to the President of South Korea on National Future and Vision. His business acumen and public sector insights position him to provide critical guidance and oversight to Rio Tinto’s leadership team during a pivotal time for the company.
Dominic Barton said, “It is a great honour to succeed Simon as Chair of Rio Tinto. Returning to the private sector, I am excited to join a company with world-class people and assets as it navigates a shifting competitive landscape and seeks to emerge as a leader in the climate transition. I look forward to working with Jakob and the Board to implement a strategy that puts decarbonisation at the heart of the business and positions Rio Tinto to be a leader in addressing complex global problems, while building and sustaining trust with host communities.”
For more information : https://www.riotinto.com/
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