Rio Tinto (RIO) announced that CEO Jakob Stausholm will step down from the group later this year, at the conclusion of a succession process. Jakob joined Rio Tinto in 2018 as executive director and CFO, and became CEO in January 2021. Stausholm will continue to lead Rio Tinto as CEO and a member of the board of directors while a successor is appointed. A selection process is already underway, led by the nominations committee.
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