Unlock the Editor’s Digest for free
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Mining group Rio Tinto has named Simon Trott as chief executive following the surprise exit of Jakob Stausholm in May.
The FTSE 100 company said on Tuesday that Trott, who heads Rio’s iron ore business, will take the top job on August 25.
Dominic Barton, the chair of Rio, said: “Simon and the Board are aligned that Rio Tinto’s next phase is about unlocking significant value for shareholders from our portfolio, driven by operational performance, and cost and financial discipline.”
This is a developing story
This is a developing story
