Rio Tinto PLC Dominic Barton to succeed Simon Thompson as Chair (1196W)
December 20 2021 - 1:00AM
UK Regulatory
TIDMRIO
RNS Number : 1196W
Rio Tinto PLC
20 December 2021
20 December 2021
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Dominic Barton to succeed Simon Thompson as Chair
The Board of Rio Tinto has selected Dominic Barton to succeed
Simon Thompson as the company's new Chair. Dominic will join the
Board with effect from 4 April, 2022 and be appointed to the role
of Chair at the conclusion of the Rio Tinto Limited annual general
meeting on 5 May 2022. Simon Thompson will step down as a
non-executive director of Rio Tinto and as Chair at that same time
on 5 May 2022, having served as Chair for four years and as a
non-executive director since 2014.
A Ugandan-born Canadian, Dominic spent over 30 years at McKinsey
& Company, including nine as the Global Managing Partner and
six as Asia Chairman. Most recently, he has been Canada's
Ambassador to China since 2019. He brings a wealth of global
business experince having advised clients in a range of industries,
including banking, consumer goods, high tech and industrials, as
well as a deep insight of geopolitics, corporate sustainability and
governance.
Dominic's previous corporate governance work includes being
Chair of Teck Resources, a non-executive director at Singtel Group
and a non-executive director at Investor AB. He has held various
public sector leadership positions, including Chair of Canada's
Advisory Council for Economic Growth and Chair of the International
Advisory Committee to the President of South Korea on National
Future and Vision. His business acumen and public sector insights
position him to provide critical guidance and oversight to Rio
Tinto's leadership team during a pivotal time for the company.
Dominic said "It is a great honour to succeed Simon as Chair of
Rio Tinto. Returning to the private sector, I am excited to join a
company with world-class people and assets as it navigates a
shifting competitive landscape and seeks to emerge as a leader in
the climate transition. I look forward to working with Jakob and
the Board to implement a strategy that puts decarbonisation at the
heart of the business and positions Rio Tinto to be a leader in
addressing complex global problems, while building and sustaining
trust with host communities."
Jakob Stausholm, Rio Tinto Chief Executive, said "I am delighted
with the choice of Dominic, who I believe brings exactly the skills
and experiences that we in Rio Tinto need. I am truly looking
forward to working with Dominic in our effort to continue to
strengthen Rio Tinto, in particular drawing on his wealth of
experience across Asia in both a business and diplomatic capacity.
I would like to thank Simon for his dedication to Rio Tinto and the
support and counsel he has provided, and continues to provide, to
me during a period of transformative change."
The search for the new Chair was jointly led by Sam Laidlaw,
senior independent director of Rio Tinto plc, and Simon McKeon,
senior independent director of Rio Tinto Limited. The process
included discussions with a cross-section of the company's
shareholders in relation to the attributes, experience and skills
they expected in the new Chair. These included proven experience of
managing highly complex, cross-border relationships with multiple
stakeholders; a strong track record of working in Asia and emerging
markets; a commitment to the highest ESG standards; and a proven
ability to lead a Board and act as a mentor to the Executive
team.
Sam Laidlaw said "The Board is delighted to have appointed such
an outstanding individual and I know Dominic will lead the Rio
Tinto Board with distinction. He has an impressive track-record,
with extensive and broad business and diplomatic knowledge and a
deep understanding of the link between business, governments and
society. On behalf of the Board, I welcome him to Rio Tinto."
Rio Tinto confirms that there are no matters to be disclosed
pursuant to Rule 9.6.13(1) - (6) of the Listing Rules of the UK
Listing Authority.
LEI: 213800YOEO5OQ72G2R82
Classification: 3.1. Additional regulated information required
to be disclosed under the laws of a Member State.
Contacts Please direct all enquiries to media.enquiries@riotinto.com
Media Relations, UK Media Relations, Australia
Illtud Harri Jonathan Rose
M +44 7920 503 600 M +61 447 028 913
David Outhwaite Matt Chambers
M +44 7787 597 493 M +61 433 525 739
Media Relations, Americas Jesse Riseborough
Matthew Klar M +61 436 653 412
T +1 514 608 4429 Investor Relations, Australia
Investor Relations, UK Natalie Worley
Menno Sanderse M +61 409 210 462
M: +44 7825 195 178 Amar Jambaa
David Ovington M +61 472 865 948
M +44 7920 010 978
Clare Peever
M +44 7788 967 877
Rio Tinto plc Rio Tinto Limited
6 St James's Square Level 7, 360 Collins Street
London SW1Y 4AD Melbourne 3000
United Kingdom Australia
T +61 3 9283 3333
T +44 20 7781 2000 Registered in Australia
Registered in England ABN 96 004 458 404
No. 719885
This announcement is authorised for release to the market by
Steve Allen, Rio Tinto's Group Company Secretary.
riotinto.com
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