Particle.news
Download on the App Store
10 ARTICLES
·
6h ago

Rio Tinto Selects Simon Trott as CEO, Opting for Internal Continuity

Trott ends Rio Tinto’s global CEO hunt, with the board betting on his cost-cutting agenda to drive long-term growth

Simon Trott was the miner’s first chief commercial officer
Completions fell nearly 8 per cent year on year
The trade truce with the US has helped China avoid a sharp slowdown
Image

Overview

  • Simon Trott will officially assume the CEO role on August 25, relocating from Perth to London for his new post.
  • The board concluded its global search by promoting the 20-year company veteran to sustain leadership continuity and strategic focus.
  • Trott has led Rio Tinto’s iron ore division since 2021, overseeing the miner’s most profitable operations and operational improvements.
  • His mandate centres on enforcing cost discipline and steering growth in core iron ore and battery-metals portfolios.
  • The internal appointment underscores the board’s resolve to reinforce ongoing culture reforms following past governance controversies.