Rio Tinto Looks To Add To Board As Directors Retire
04 March 2011 - 1:00PM
Dow Jones News
Mining giant Rio Tinto Plc (RIO) said Friday it has begun the
search to replenish its board, including looking for an Australian,
after the departure of directors including former British Airways
Plc Chief Executive Rod Eddington.
The U.K.-headquartered company said non-executive directors
Eddington and Yves Fortier will retire from the board after the
annual shareholders meeting May 5 and senior independent director
Andrew Gould will serve another year before retiring after the 2012
meeting.
"I am most grateful to Yves for his tremendous support during an
important transition period for Rio Tinto following the Alcan
acquisition," Chairman Jan du Plessis said in a statement. "I would
also like to thank Rod for his significant contribution and the
Australian perspective that he has brought to the boards since
2005."
Eddington was CEO of British Airways until 2005, prior to which
he was managing director of Cathay Pacific Airways Ltd. (0293.HK).
Fortier was ambassador and permanent representative of Canada to
the United Nations from 1988 to 1992.
-By Robb M. Stewart, Dow Jones Newswires; +61 3 9292 2094;
robb.stewart@dowjones.com
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