Connect with us
Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

News

Rio Tinto adds a strategy and development role to the executive committee

gbafNews28

Rio Tinto has added a new role to its executive committee as it considers the next phase of its transformation to reinforce the companys commitment to strategy, technology and climate change in a new era.

Peter Toth will become Group executive, Strategy and Development with a focus on leading Rio Tintos transformation efforts around portfolio, climate change, and closure, working in partnership with the product group and commercial teams. He will also assume responsibility for Rio Tinto Exploration and Ventures.

Stephen McIntosh, Group executive of Growth & Innovation and Health, Safety & Environment (HSE) has decided to retire after more than 30 years with Rio Tinto, leaving the company on 30 September. Stephen joined Rio Tinto as an exploration geophysicist in 1987 and led the exploration team from 2011 to 2016, joining the executive committee in 2016. During his time with the company, Stephen built strong exploration, project and technology capabilities.

With Stephens departure, Mark Davies will assume the role of Group executive, Safety, Technical and Projects, with a focus on maintaining the companys longstanding commitment to safety, health and environment, while further building on the companys efforts in technology and project delivery to support operational excellence in the years ahead.

Both Peter and Mark will join the Rio Tinto executive committee on 1 October, reporting to chief executive, J-S Jacques.

Peter, a dual Hungarian and Australian citizen, joined Rio Tinto in 2014 as global head of Strategy. In 2015, he became head of Corporate Development with responsibility for corporate strategy (including climate strategy) and business development. With over 25 years experience working in the resources industry around the world, he was the chief executive of ASX listed OM Holdings, an integrated manganese and silicon company, between 2008 and 2014. Prior to this he spent fourteen years with BHP Billiton in a range of roles, including the head of marketing for carbon steel materials. He is based in London.

Mark, an Australian citizen, brings extensive international experience gained over 25 years with Rio Tinto in Australia, the US, the UK and Singapore. He joined the company in 1995 as a senior mechanical engineer and has worked in various operational and functional leadership roles during this time. These include chief commercial officer and interim CEO for the Iron and Titanium business unit, head of Group Risk and most recently, vice president, Global Procurement. Mark will move to Brisbane.

Rio Tinto chief executive J-S Jacques said, We remain committed to strong performance, disciplined capital allocation and a focus on value over volume as we transform our business to make the most of future opportunities in an increasingly complex world. With Peter and Mark joining the executive team we will enhance our focus in areas that will be absolutely vital for Rio Tintos future performance and success “ strategy, technology and climate change. I welcome them both to our team.

As we welcome our new team members we also say goodbye to Steve, who has significantly contributed to our company over many decades. We are very grateful for his support and leadership in areas from exploration to innovation. We thank him for his commitment and I wish Steve and his family all the very best for the future.

Notes to editors

Stephen McIntosh

Stephen will leave the company on 30 September 2020 and take long service leave until his retirement date on 31 December 2020. Leaving arrangements for Stephen McIntosh are governed by the Group’s remuneration policy and will be finalised at the date of his retirement and will be disclosed in the Annual Report.

Peter Toth and Mark Davies

Peter Toth and Mark Davies will be issued standard Rio Tinto executive contracts, which includes a 12-month company notice period. They will receive a remuneration package that is in line with the Groups remuneration policy, which is published on the company website. The 2020 Annual Report will contain details of the remuneration terms described above.

This announcement is authorised for release to the market by Rio Tintos Group Company Secretary.

Category: general

media.enquiries@riotinto.com

riotinto.com

Follow @RioTinto on Twitter

Media Relations, United Kingdom

Illtud Harri

M +44 7920 503 600

David Outhwaite

T +44 20 7781 1623

M +44 7787 597 493

Media Relations, Americas

Matthew Klar

T +1 514 608 4429

Media Relations, Asia

Grant Donald

T +65 6679 9290

M +65 9722 6028

Media Relations, Australia

Jonathan Rose

T +61 3 9283 3088

M +61 447 028 913

Matt Chambers

T +61 3 9283 3087

M +61 433 525 739

Jesse Riseborough

T +61 8 6211 6013

M +61 436 653 412

Investor Relations, United Kingdom

Menno Sanderse

T: +44 20 7781 1517

M: +44 7825 195 178

David Ovington

T +44 20 7781 2051

M +44 7920 010 978

Investor Relations, Australia

Natalie Worley

T +61 3 9283 3063

M +61 409 210 462

Amar Jambaa

T +61 3 9283 3627

M +61 472 865 948

Group Company Secretary

Steve Allen

Rio Tinto plc

6 St James’s Square

London SW1Y 4AD

United Kingdom

T +44 20 7781 2000

Registered in England

No. 719885

Joint Company Secretary

Tim Paine

Rio Tinto Limited

Level 7, 360 Collins Street

Melbourne 3000

Australia

T +61 3 9283 3333

Registered in Australia

ABN 96 004 458 404

Advertisement
Editorial & Advertiser disclosure

Call for Entries

Global Banking and Finance Review Awards Nominations 2022
2022 Awards now open. Click Here to Nominate

Newsletters with Secrets & Analysis. Subscribe Now

Recommended

Global Banking & Finance Review® is a leading financial portal and Print Magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management. Copyright © 2010-2021 GBAF Publications Ltd - All Rights Reserved.