Rio Tinto appoints Simon Thompson as new chairman

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Simon Thompson Non-executive director of Rio Tinto
Rio Tinto (RIO), a person with the world’s greatest mining organizations, announced on Sunday it appointed industry-veteran Simon Thompson as chairman.

Thompson joined the company’s board as non-executive director in 2014 and may start his tenure from the placement on March five, 2018. He will replace Jan du Plessis, who’ll phase down as chairman and in the company’s board within the exact day. Du Plessis experienced served practically nine years in the place.

The newly-appointed chairman has over 20 years’ really worth of encounter doing work across five continents in the mining and metals industry, and formerly worked to the Anglo American group in various senior positions, such as government director of Anglo American plc, in accordance to a Rio Tinto push launch.

“The board is delighted to have appointed Simon to chair Rio Tinto. He brings to your part a deep comprehending in the mining industry, in addition to a solid track record being a non-executive,” Rio Tinto senior impartial director Ann Godbehere explained in a assertion.

Just after assuming the purpose of chairman, Thompson will phase down as chairman of Rio Tinto’s remuneration committee and will also cease being a member on the audit committee, the corporate mentioned.

“Rio Tinto is in great form, using a powerful management crew, world-class property plus a successful tactic. I search ahead to primary the board as we perform with J-S and his team to make certain that Rio Tinto proceeds to deliver remarkable returns for its shareholders by preserving its money self-discipline and ‘value-over-volume’ tactic,” Thompson mentioned inside of a statement.