The Live Wire
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Alex Forrest | Foreign Secretary Hague also says re Houla: We will be calling for an urgent ses...
16:30Alex Forrest
TWITTER
Foreign Secretary Hague also says re Houla: We will be calling for an urgent session of the UN Security Council in the coming days.
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Lord Sugar | Trivia: More people now follow me on Twitter than buy The Times, Independent, Gu...
16:04Lord Sugar
TWITTER
Trivia: More people now follow me on Twitter than buy The Times, Independent, Guardian, Daily Telegraph and Financial Times combined
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James Forsyth | A shift in the government's thinking about the Eurocrisis
15:34Spectator
BLOG
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Owen Jones | The austerity consensus has collapsed
15:08LabourList
BLOG
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Humza Yousaf | Scottish independence would help Labour rediscover its soul
14:46Comment is Free
OPINION
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Press Release
Rio Tinto appoints new chief executive
05 December 2006
The boards of Rio Tinto plc and Rio Tinto Limited announced today that Tom Albanese will succeed Leigh Clifford as chief executive of Rio Tinto with effect from 1 May 2007, following the annual general meetings to be held in April.
Tom, who is 49 and a US citizen, graduated in mineral economics and mining engineering from the University of Alaska. He joined Rio Tinto in 1993 and has had a succession of senior positions including chief executive roles in the Group's Industrial Minerals and Copper businesses and also as head of Exploration. He was appointed to the boards in March 2006 and currently holds the position of director, Group Resources.
Rio Tinto chairman Paul Skinner said: "The board is very pleased to appoint Tom Albanese to lead the next phase of Rio Tinto's development. He brings wide experience of the mining industry developed in a sequence of challenging technical, operational and strategic roles. Tom has been a key player in a number of major Rio Tinto developments over recent years and also in shaping the Group's strategic direction."
Paul paid tribute to Leigh's long service to Rio Tinto: "Leigh has made an outstanding contribution to Rio Tinto over a 37 year career with the Group. During his seven years as chief executive the Group has seen strong growth in profitability and important advances in operational performance. He has been instrumental in developing the Group's position in key markets, notably in Asia, and in major acquisitions which have added significant shareholder value."
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