--Mick Davis, U.K.'s Conservative Party chief executive and former head of Xstrata, is in talks with the board of Anglo-Australian miner Rio Tinto PLC (RIO.LN) to become its next chairman, Sky News reports.

--Mr. Davis, a South African-born businessman who oversaw Xstrata's growth and its eventual GBP20 billion takeover by Glencore PLC (GLEN.LN), is the frontrunner for the job, although other candidates have been approached by Rio.

--Rio Tinto has been searching for a chairman since it announced in March that Jan du Plessis would step down to join BT Group PLC (BT.A.LN).

 

Full story: http://bit.ly/2zCqHVb

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

November 14, 2017 07:04 ET (12:04 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
Rio Tinto (ASX:RIO)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Rio Tinto Charts.
Rio Tinto (ASX:RIO)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Rio Tinto Charts.