Rio Tinto Chairman to Step Down Amid Fallout From Destruction of Rock Shelters
03 March 2021 - 10:13AM
Dow Jones News
By Rhiannon Hoyle
SYDNEY--Rio Tinto PLC said its chairman would step down amid the
fallout from its destruction of two ancient rock shelters in
Australia that have already cost the miner's former CEO and two
other executives their jobs.
Rio Tinto said Simon Thompson won't seek re-election in 2022 and
that independent directors Sam Laidlaw and Simon McKeon will
jointly lead the search for a successor.
The company's successes have been "overshadowed by the
destruction of the Juukan Gorge rock shelters at the Brockman 4
operations in Australia and, as chairman, I am ultimately
accountable for the failings that led to this tragic event," said
Mr. Thompson.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
March 02, 2021 17:58 ET (22:58 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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