Rio Tinto Chairman Jan du Plessis to Step Down
March 09 2017 - 2:07AM
Dow Jones News
By Rhiannon Hoyle
SYDNEY--Rio Tinto PLC (RIO) said Chairman Jan du Plessis plans
to step down in the coming year, ending a run of more than eight
years at the world's No. 2 mining company, which is facing scrutiny
from authorities over its former African operations.
He joins a growing list of departures from the top ranks of
global miners as the industry emerges from a multiyear downturn.
BHP Billiton Ltd. (BHP) Chairman Jac Nasser and Anglo American PLC
(AAL.LN) Chairman John Parker have also signaled their intentions
to stand down.
Rio Tinto said it has been looking for a successor to Mr. du
Plessis, a South African and British citizen, since last June,
after the appointment of Chief Executive Jean-Sebastien Jacques,
who is known as J.S.
Mr. du Plessis will become chairman of British
telecommunications company BT Group PLC (BT) in November. Rio Tinto
said it expects to name his replacement this year.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
March 09, 2017 02:52 ET (07:52 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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