By Alex MacDonald

 

LONDON--Mining giant Rio Tinto PLC (RIO) said Tuesday its incoming chief executive Jean-Sébastien Jacques has restructured the management team based on four product groups--aluminum, copper and diamonds, energy & minerals and iron ore--and created a fifth group that will focus on asset growth and innovation.

Jean-Sébastien Jacques, currently Rio's deputy chief executive is to take over the helm from CEO Sam Walsh on July 2.

Alfredo Barrios will remain CEO of the aluminum division, based in Montreal.

The iron ore division will be exclusively focused on iron ore operations in Western Australia and run by Chris Salisbury, currently acting CEO of the copper & coal division. He will be based in Perth.

As part of the restructuring, Andrew Harding, currently Rio's head for iron ore operations, will leave the business on July 1.

 

-Write to Alex MacDonald at alex.macdonald@wsj.com

 

(END) Dow Jones Newswires

June 21, 2016 03:43 ET (07:43 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
Rio Tinto (NYSE:RIO)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Rio Tinto Charts.
Rio Tinto (NYSE:RIO)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Rio Tinto Charts.