Rio Tinto (RIO) split with Jakob Stausholm last week amid increasing concerns the CEO was reluctant to follow board priorities, including focusing on costs, after years of expansions in lithium, copper and iron ore, Reuters’ Clara Denina, Ernest Scheyder and Melanie Burton report, citing three sources. Potential successors for the CEO role are said to include Simon Trott, the CEO of iron ore, Chief Commercial Officer Bold Baatar, and Aluminium CEO Jerome Pecresse.
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