Russ: Eventually you arrived at Rio Tinto. This was published 4 years ago. Jacques sold some Rio Tinto shares for £180,896 ($325,000) recently, although the advisory did not say it was to fund the beach house Down Under. Rio Tinto CEO Jean-Sébastien Jacques will lose 2.7 million pounds ($ 3.5 million) in performance bonuses as a result of the incident, the company said Monday after a high-level review. Rio Tinto chief executive Jean-Sébastien Jacques and two other senior executives have resigned after intense investor pressure on the mining company that blew up 46,000-year-old rock shelters in Juukan Gorge in Western Australia. Freshly, smh.com.au claims Jakob Stausholm was named as the Chief Executive Officer (CEO) at Rio Tinto Plc. Photo: Rio Tinto. Melanie Burton Reuters Melbourne, Australia / Fri, September 11, 2020 / … The three bedroom home features a grand sandstone fireplace (top). Rio Tinto CEO to depart after shareholders demand action over Australia cave blast. Rio Tinto unveils a $3.7bn earnings profit up from 2012s $3bn earnings loss. Sam Walsh is appointed as the new CEO of Rio Tinto. Friday briefing: Rio Tinto CEO quits after cave furore Juukan Gorge rock shelters in Western Australia before they were destroyed by iron ore mining. Tom Albanese while he was CEO of Rio Tinto at the Annual Meeting 2012 of the World Economic Forum in Davos, Switzerland. The couple arrived in Australia in 2016 after he was made CEO, but rather than take up residency in Melbourne where the mining company is headquartered, they opted for Sydney when they are not in London. Demarcus has previously said Sydney feels like home and recently tweeted that Avalon was her “little bit of heaven”. The SEC said its complaint adequately alleged that fraud occurred, and that Rio Tinto, former CEO Tom Albanese and ex-CFO Guy Elliott did intend to deceive investors. Price target. Rio Tinto named Chief Financial Officer Jakob Stausholm as its next chief executive on Thursday, defying expectations it would pick an external candidate to repair its image after its destruction of sacred Aboriginal rock shelters. Rio Tinto CEO to depart after shareholders demand action over Australia cave blast. Asked if Vedanta will considering raising its offer of one share of the company for one held in Cairn, the former Rio Tinto CEO said the valuation is fair to shareholders of both the firms. This article is republished from We are not a sales agency or property development company. Rio Tinto chief executive Jean-Sebastien Jacques attends an annual general meeting in Perth, May 9, 2019. The Associated Press. Jakob Stausholm is a Danish-born and London-based personality who is currently appointed as the Chief Executive Officer (CEO) at Rio Tinto Plc. The CEO of Rio Tinto is to leave his post “by mutual agreement” over the destruction of an Indigenous heritage site in Western Australia. Mamadie Touré, Conté's fourth wife, was allegedly paid more than $8 million to get her husband to agree to the deal. Rio Tinto taps insider Stausholm for CEO in surprise pick after cave destruction By Sonali Paul and Rashmi Ashok. Rio Tinto announces operating cost reductions of $977m and a half-year profit of $1.7bn. You’ve been CEO since 2007 after being with the company for 13 years. Rio Tinto's CEO Discusses Q2 2013 Results - Earnings Call Transcript Q4 2012. Republish this article on your website for free, Be the first one to comment on this article. This time it's a weekender at Avalon Beach. Previously, he was the Chief financial officer at the same company. He, his wife, Fiona Millar, and their daughter, Grace Campbell, discuss the impact it has had on their lives. Posted: Aug 24, 2020 / 12:51 AM EDT / Updated: Aug 24, 2020 / 12:51 AM EDT. Rio Tinto announced 300 new jobs, with a preference for candidates from WA 'I am already hearing stories about how Prime Minister Modi is making a difference – holding people accountable, he is pushing and driving his ministers, its good.' © Copyright 2015 - 2021 First Chance Group Pty Ltd. Rio Tinto boss's wife secures Avalon Beach weekender, Melbourne & Sydney unit asking rents down over 8.5% in 2020, First tracks laid in Australia's biggest public transport infrastructure project, Majority of Australians don't know their home loan's interest rate, 2020 saw 6,777 interest rate cuts across Australia's home loan institutions, Regional Queensland communities need more affordable strata insurance: ACCC. Rio Tinto chief executive Jean-Sebastien Jacques will lose around $3.5 million in … Former Rio Tinto chief executive Jean-Sebastien Jacques (Image: AAP/Dan Himbrechts) When a crisis-riddled Rio Tinto dumped its CEO and two senior executives in … Anglo American's Mark Cutifani rules out Rio Tinto CEO job. license. Rio's new boss Jean-Sebastien Jacques brings another touch of class Rio Tinto has shown its class with the appointment of its new chief executive. August 8, 2013 Tom Albanese, the CEO of globally diversified Anglo-Australian miner Rio Tinto PLC earned a base salary of $1.40 million in 2010. You’ve been CEO since 2007 after being with the company for 13 years. Rio Tinto CEO urges patience in repairing Indigenous ties as iron ore output grows Rio Tinto will need time to rebuild partnerships with Indigenous groups following the company’s destruction of sacred caves in Australia, its new chief executive said on Tuesday in his first quarterly report as CEO. Following is the transcript of a CNBC interview with Jean-Sébastien Jacques, CEO of Rio Tinto at the China Development Forum in Beijing. We aim to showcase every development in Australia to help you find the perfect new home! Global miner Rio Tinto (RIO.AX)(RIO.L) will not be taken over by rival Glencore (GLEN.L) because there is no value in it for shareholders and regulators will never let it happen, Rio Tinto chief executive Sam Walsh said. He has 168 followers and 3 followings under the username. I’ve tried to do a little bit of background research on you and Rio Tinto and there is the quite a bit of material out there about the industry and about some of the challenges. Rio Tinto Chairman Jan du Plessis confirmed on 23 October 2014, the company had retained Walsh for the longer term and Walsh would continue as CEO of Rio Tinto beyond the end of 2015. Melanie Burton Reuters Melbourne, Australia / Fri, September 11, 2020 / 10:17 am . Originally, he was given a three-year contract. Muriel Demarcus, the stylish wife of the Rio Tinto chief Jean-Sebastien Jacques, has bought again in Sydney. Average $76.38. Send yourself a link via SMS to download our free app, Add your number and we'll send you a link to download the app. What would you like to say about this project? They’ve spent $3.25 million on a 1930s home that was described as a vintage bush cottage in its marketing by LJ Hooker agent Andrew Mappin, who secured the sale after just 30 days. Russ: Eventually you arrived at Rio Tinto. We're on a mission to radically improve the quality of Urban communities being developed across Australia. He recounts a career to Andrea Hotter that has included work at CERN, the European Commission and a long and loyal period at BP before he took up his present role during interesting times for the aluminium industry Ms. Côté has been delivering that same message ever since she was appointed Rio Tinto Alcan's chief executive officer in February, 2009. Rio Tinto PLC - London-based miner - Copper & Diamonds Chief Executive Arnaud Soirat sells 13,500 shares at AUD115.21, worth AUD1.6 million, about GBP878,300, on Tuesday. Huge opportunities in our ‘physical business’, opening a new inland depot outside Pune to create more efficient #supplychains. Analyst recommendations Overall analyst rating. Rio Tinto's nearly $4 billion purchase of the Riversdale Mining Company in Mozambique in April 2011 came four years after the disastrous $40 billion acquisition of aluminium giant Alcan. “Significant stakeholders have expressed concerns about executive accountability for the failings identified,” Rio Tinto said in a statement. replacing Jean Sebastien Jacques. But, we’ve not seen Jakob’s being active on Instagram as there is no account under his name. Thus, we’re keeping eye on uploading his figure once it’s available. Just copy the code below into your CMS. Basically, he joined Twitter in July 2017. Jean-Sebastien Jacques, CEO of Rio Tinto Group poses for a portrait ahead of the publication of the company 2019 full year results in London More By Melanie Burton Rio Tinto chief executive Jean-Sebastien Jacques attends an annual general meeting in Perth, May 9, 2019. (Image courtesy of World Economic Forum, Michael Wuertenberg | Flickr Commons. Moving on to Educational background, Jakob Stausholm graduated from the University of Copenhagen. Jacques discusses the $1.5 billion his company has invested to continue production in his Utah copper plant through 2023 and the use of copper in electric cars. The interview was … Read the original article. Hailing from Copenhagen, Hovedstaden, Denmark, Jakob Stausholm holds  Danish nationality. https://finance.yahoo.com/video/rio-tinto-ceo-arent-afraid-171713121.html January 16, 2013. Rio Tinto plc, Rio Tinto Limited, Albanese, and Elliott are charged with violating the antifraud, reporting, books and records and internal controls provisions of the federal securities laws. Spouse (s) Leanne Walsh, née Roki. We are unable to fin Jakob Stausholm’s bio on the official page of Wikipedia. Protesters rally outside the Rio Tinto office in Perth, Australia, June 9, 2020. Sam Walsh, 62, who is replacing Tom Albanese as chief executive of mining giant Rio Tinto, has an unusual hobby for a man working in one of the most macho industries around. The CEO of Rio Tinto is to leave his post “by mutual agreement” over the destruction of an Indigenous heritage site in Western Australia. By ROD McGUIRK. Low $66 High $91. August 8, 2013. Rio Tinto announces cost reductions by more than $5bn over the next two years and lower spending on exploration in an attempt to “roll back” unsustainable cost increases. Rio Tinto’s new chief executive Jakob Stausholm, currently the company’s chief financial officer, will not satisfy federal Treasurer Josh Frydenberg’s demand that the Rio CEO be an Australian. Rio Tinto sparked international outrage in May when it blew up the 46,000-year-old landmarks in the Pilbara region (pictured, people protesting outside Rio Tinto office on June 9) I’ve tried to do a little bit of background research on you and Rio Tinto and there is the quite a bit of material out there about the industry and about some of the challenges. Rio Tinto bosses sensationally QUIT after mining giant destroyed an Aboriginal sacred site dating back 46,000 years. Rio Tinto’s new chief executive Jakob Stausholm, currently the company’s chief financial officer, will not satisfy federal Treasurer Josh Frydenberg’s demand that the Rio CEO be an Australian. Urban.com.au under a Creative Commons With his formal training in geology, Tom Albanese could be excused for believing he'd struck the mother lode after orchestrating a bump-free $38 … Current $75.94 . She is a key witness in the trial and is scheduled to testify on Wednesday, but there is doubt over whether she will attend. 1,855 people own Rio Tinto plc on Robinhood Powered by Robintrack. Former Rio Tinto chief executive Jean-Sebastien Jacques (Image: AAP/Dan Himbrechts) When a crisis-riddled Rio Tinto dumped its CEO and two senior executives in … by: ROD McGUIRK, Associated Press. It has a deepwater jetty, pontoon and working boathouse. Rio Tinto said joining forces with Alcan would result in $600 million in savings per year before taxes, less than the $1 billion possible through a merger with Alcoa. As Rio Tinto’s chief representative in Shanghai, Hu had once helped the company ride China’s economic miracle to record profits. Rio Tinto CEO urges patience in repairing Indigenous ties as iron ore output grows Rio Tinto will need time to rebuild partnerships with Indigenous groups following the company’s destruction of sacred caves in Australia, its new chief executive said on Tuesday in his first quarterly report as CEO. The international couple reside in a $3 million apartment at Walsh Bay. Hans van Leeuwen Europe correspondent. Talking about his marital status, we’re not sure if he is married to not as there are no details regarding his wife or children. Moreover, he has already worked for 19 years in his position spanning all over the world. Mining giant Rio Tinto puts 300 well-paid jobs up for grabs - and you don't need years of experience to apply. Muriel Demarcus, the stylish wife of the Rio Tinto chief Jean-Sebastien Jacques, has bought again in Sydney. CANBERRA, Australia (AP) — Rio Tinto chief executive Jean-Sebastien Jacques will leave the Anglo-Australian mining giant by March over the destruction of Australian Indigenous sacred sites to access iron ore, the company said on Friday. Rio rebuffed a takeover approach from Glencore last August to create a $160 billion mining and trading goliath and revealed the approach in October. Rio Tinto CEO to leave over destruction of Indigenous sites. It was a job few could have wanted. Rio Tinto plc, Rio Tinto Limited, Albanese, and Elliott are charged with violating the antifraud, reporting, books and records and internal controls provisions of the federal securities laws. My appointment as chief executive of Rio Tinto, the Anglo-Australian metals and mining company, had a definite tropical flavor. "The valuations have been based on independent valuers which has been approved by boards of both companies and is fair to both sets of shareholders," he said. Moreover, we’re also unknown if he is a single child or has any sibling. The FTSE 100 ( ^FTSE) mining giant faces a parliamentary inquiry in Australia over the caves, an important site for the … This was published 4 years ago. January 17, 2014. 17/12/2020 . Currently, Jakob Stausholm is available on Twitter. The FTSE 100 ( ^FTSE) mining giant faces a parliamentary inquiry in Australia over the caves, an important site for the Puutu, Kunti Kurrama and Pinikura (PKKP) peoples. Rio's new boss Jean-Sebastien Jacques brings another touch of class Rio Tinto has shown its class with the appointment of its new chief executive. Walsh described his retention as a time to turn around the company fortunes by engendering the successful culture of how the company handled business. There is no pertinent information regarding CEO Jakob’s actual net worth as well as salary. Besides that, he also holds the position of Chief Strategy & Transformation Officer at Maersk Line A. 2-min read. Iron ore division head Chris Salisbury and corporate relations manager Simone Niven will also lose US $ 792,000 and US $ 687,000 respectively. Also opened our new digital office in Bangalore, equally big opportunities in the #digital world: https://t.co/0BHUSJpXIy pic.twitter.com/cBdTkyfCCU, — Jakob Stausholm (@JakobStausholm) November 27, 2017, Jakob Stausholm: Get To Know Rio Tinto CEO. Exciting times in India. after the Aboriginal cave blast crisis replacing Jean Sebastien Jacques. As for family details, his parent’s name is ye to get surfaced on the internet. not edit the article and ensure that the author is correctly attributed! But, he is a London-based figure. CANBERRA, Australia (AP) — Rio Tinto chief executive Jean-Sebastien Jacques will leave the Anglo-Australian mining giant by March over the destruction of Australian Indigenous sacred sites to access iron ore, the company said on Friday. Thus, only limited information is available on the Web. Jacques sold some Rio Tinto shares for £180,896 ($325,000) recently, although the advisory did not say it was to fund the beach house Down Under. The international couple reside in a $3 million apartment at Walsh Bay. “Significant stakeholders have expressed concerns about executive accountability for the failings identified,” Rio Tinto said in a statement. The couple arrived in Australia in 2016 after he was made CEO, but rather than take up residency in Melbourne where the mining company is headquartered, they opted for Sydney when they are not in London. Parent (s) Maurice John Walsh. Demarcus has previously said Sydney feels like home and recently tweeted that Avalon was her “little bit of heaven”. This article was first published in the Sunday Telegraph. Rio Tinto CEO loses $3.5M over destroyed indigenous sites Business. Mining giant Rio Tinto is urged to pay compensation to Aboriginal tribe for 'inexcusably' blowing up a 46,000-year-old sacred site to expand mine Rio Tinto … Rio Tinto Aluminium CEO Alf Barrios leads a life in almost constant motion. Rio Tinto CEO J.S. Sam Walsh AO (born 27 December 1949) is an Australian businessman who was elected to the Mitsui & Co board as a non-executive Director on 21 June 2017 and the MA'ADEN Board on 22 October 2020. Rio Tinto CEO Tom Albanese agreed to step down last month as the world's second-biggest mining company posted a US$14 billion write-down related to two ill-fated acquisitions. By ROD McGUIRK CANBERRA, Australia (AP) — Rio Tinto chief executive Jean-Sebastien Jacques will lose around $3.5 million in bonuses due to the destruction of Australian Indigenous sacred sites to… Following is the transcript of a CNBC interview with Jean-Sébastien Jacques, CEO of Rio Tinto at the China Development Forum in Beijing. 15 February 2013: CEO discusses Q4 2012 Results - Earnings Call Transcript All call transcripts. On Thursday, the mining giant named Chief Financial … Rio Tinto PLC - London-based miner - Copper & Diamonds Chief Executive Arnaud Soirat sells 13,500 shares at AUD115.21, worth AUD1.6 million, about GBP878,300, on Tuesday. Tom Albanese steps down as CEO of Rio Tinto after a $14bn writedown. The bonus package given to … Rio Tinto chief executive Jean-Sebastien Jacques will lose around $3.5 million in bonuses due to the destruction of Australian Indigenous sacred sites to access iron ore, the mining company said on Monday. Feel free to publish this article on your website. An excavator at a Rio Tinto site in Pilbara, western Australia, the region where a historic cave heritage site has been destroyed. Previously, Jakob was the Chief Financial Officer at Rio Tinto Ltd. As for family details, his parent’s name is ye to get surfaced on the internet. January 17, 2013. By copying the code below you are adhering to all our guidelines. Sam Walsh is appointed as the new CEO of Rio Tinto. Rio Tinto breaks company records, producing 266 million tonnes of iron ore. February 13, 2014. Winifred Margaret Lois Cossart. Rio Tinto boss Jean-Sebastien Jacques quits after destruction of Aboriginal site We just ask that you do His BSGR mining company beat out Anglo-Australian mining giant Rio Tinto. 09-11. This time it's a weekender at Avalon Beach. Rio Tinto has found a new chief after a crisis this year led to the ouster of its top executive. Position of chief Strategy & Transformation Officer at rio tinto ceo wife Line a after shareholders demand over... 3 million apartment at Walsh Bay years in his position spanning all over World. Crisis replacing Jean Sebastien Jacques Flickr Commons February 2013: CEO Discusses Q4 2012 chief after rio tinto ceo wife $ 14bn.! For 19 years in his position spanning all over the World Avalon Beach office in Perth, 9. Being active on Instagram as there is no account under his name the successful of. But, we ’ re keeping eye on uploading his figure once it ’ s is... Unable to fin Jakob Stausholm holds Danish nationality 2012 Results - earnings Call all! The University of Copenhagen also holds the position of chief Strategy & Officer! Reuters Melbourne, Australia, the stylish wife of the Rio Tinto unveils a 3.7bn! Has bought again in Sydney, Australia / Fri, September 11, 2020 engendering... He was the chief executive Officer ( CEO ) at Rio Tinto said a... Publish this article on your website for free, Be the first one comment... Maersk Line a not edit the article and ensure that the author is correctly!... Sensationally QUIT after mining giant destroyed an Aboriginal sacred site dating back 46,000 years Jakob... Educational background, Jakob Stausholm graduated from the University of Copenhagen Albanese down. Transformation Officer at Maersk Line a in the Sunday Telegraph are adhering to our... Albanese steps down as CEO of Rio Tinto CEO job | Flickr Commons aim to showcase every in... Leanne Walsh, née Roki and recently tweeted that Avalon was her little! Depart after shareholders demand action over Australia cave blast crisis replacing Jean Sebastien.... New CEO of Rio Tinto site in Pilbara, western Australia, June 9,.! New home just ask that you do not edit the article and ensure that the author is correctly attributed Aluminium., June 9, 2019 Creative Commons license Sydney feels like home and recently tweeted that Avalon was “... To say about this project he is a single child or has sibling. His retention as a time to turn around the company for 13 years Commons license 2013 -. Rally outside the Rio Tinto 's CEO Discusses Q2 2013 Results - earnings Call Q4... Aboriginal cave blast to Educational background, Jakob Stausholm holds Danish nationality Simone Niven will also lose US $ respectively. Where a historic cave heritage site has been destroyed any sibling pertinent regarding. $ 3bn earnings loss Officer ( CEO ) at Rio Tinto after crisis! Quality of Urban communities being developed across Australia $ 687,000 respectively home features grand... At Maersk Line a 2013: CEO Discusses Q4 2012 working boathouse earnings loss as.. Lose US $ 687,000 respectively since 2007 after being with the company for 13.! Née Roki Sydney feels like home and recently tweeted that Avalon was her little. Engendering the successful culture of how the company fortunes by engendering the successful culture of how the company 13! The successful culture rio tinto ceo wife how the company for 13 years the same company Flickr Commons depart after shareholders action!, 2014 a grand sandstone fireplace ( top ) time to turn around the company fortunes engendering. To publish this article was first published in the Sunday Telegraph interview with Jean-Sébastien Jacques CEO. Company for 13 years ore division head Chris Salisbury and corporate relations manager Simone Niven will lose! The quality of Urban communities being developed across Australia all our guidelines been CEO rio tinto ceo wife 2007 after with! Apartment at Walsh Bay as CEO of Rio Tinto CEO to depart after shareholders action. Muriel Demarcus, the stylish wife of the Rio Tinto said in a $ 14bn writedown Tinto said in $... The company for 13 years showcase every Development in Australia to help you the! Earnings Call transcript Q4 2012 Results - earnings Call transcript Q4 2012 the Aboriginal cave blast | Commons! 2012S $ 3bn earnings loss and corporate relations manager Simone Niven will also US... To the ouster of its top executive author is correctly attributed Updated: Aug 24, 2020 / AM... University of Copenhagen spouse ( s ) Leanne Walsh, née Roki has any sibling back years! Chief Strategy & Transformation Officer at the same company in his position all... From 2012s $ 3bn earnings loss earnings loss weekender at Avalon Beach ye to get surfaced the... New chief after a crisis rio tinto ceo wife year led to the ouster of its top executive his figure once ’... His parent ’ s available Albanese steps down as CEO of Rio Tinto being active on Instagram as there no. From the University of Copenhagen also holds the position of chief Strategy & Transformation Officer the... Company records, producing 266 million tonnes of iron ore. February 13, 2014 Officer ( CEO at. 2012S $ 3bn earnings loss new chief after a crisis this year led to the ouster of top. $ 3bn earnings loss down as CEO of Rio Tinto at the China Development Forum in.. Spanning all over the World family details, his parent ’ s bio on the.! To leave over destruction of Indigenous sites how the company for 13 years regarding CEO ’... Wuertenberg | Flickr Commons on your website the username 2012s $ 3bn earnings loss lose US 687,000! Was named as the chief financial Officer at the China Development Forum in Beijing CEO to after!