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Rio Tinto Ltd (RIO.AX)

RIO.AX on Australia Stock Exchange

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25 Jun 2019
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Summary

Name Age Since Current Position

Simon Thompson

59 2018 Non-Executive Independent Chairman of the Board

Jean-Sebastien Jacques

47 2016 Chief Executive, Executive Director

Jakob Stausholm

51 2018 Chief Financial Officer, Executive Director

Bold Baatar

45 2016 Chief Executive - Energy & Minerals

Alfredo Barrios

53 2014 Chief Executive of Rio Tinto Aluminium

Chris Salisbury

52 2016 Chief Executive - Iron Ore

Arnaud Soirat

54 2016 Chief Executive - Copper & Diamonds

Philip Richards

64 2017 Group Executive - Legal, Group General Counsel

Joanne Farrell

60 2016 Group Executive - Health, Safety & Environment

Vera Kirikova

45 2017 Group Executive - Human Resources

Stephen McIntosh

55 2016 Group Executive - Growth & Innovation

Simone Niven

48 2017 Group Executive - Corporate Relations

Simon Trott

2018 Chief Commercial Officer

Steve Allen

47 2017 Joint Company Secretary

Tim Paine

55 2013 Joint Company Secretary

Megan Clark

60 2014 Independent Non-Executive Director

David Constable

57 2017 Independent Non-Executive Director

Dame Moya Greene

64 2018 Independent Non-Executive Director

Simon Henry

57 2017 Independent Non-Executive Director

Michael L'Estrange

66 2014 Independent Non-Executive Director

Sam Laidlaw

62 2019 Senior Independent Non-Executive Director

Simon McKeon

63 2019 Independent Non-Executive Director

David Ovington

2014 Investor Relations Executive

Biographies

Name Description

Simon Thompson

Mr. Simon Robert Thompson is Non-Executive Independent Chairman of the Board of Rio Tinto Limited. He has significant global experience in mining and metals, finance and corporate governance. Among a wide range of board appointments, Simon was an executive director of Anglo American plc, where he held the roles of chairman and chief executive officer of the Base Metals Division, chairman of Tarmac, and chairman of the Exploration Division. Earlier in his career he held various investment banking positions at S. G. Warburg and N M Rothschild.

Jean-Sebastien Jacques

Mr. Jean-Sebastien Jacques is Chief Executive, Executive Director of Rio Tinto Ltd. Skills and experience: J-S’s strong executive leadership has driven significant growth and transformation projects at Rio Tinto. As chief executive of our Copper group from 2013, and our Copper & Coal group from 2015, he led the transformation of the product groups’ safety and cash performance. He also led two successful growth projects, Oyu Tolgoi in Mongolia and Resolution in the US. J-S brings more than 15 years of experience in the aluminium, bauxite and steel industries to Rio Tinto. Current external appointments: Member of the International Council on Mining and Metals and the European Roundtable of Industrialists since 2016 and 2018, respectively.

Jakob Stausholm

Mr. Jakob Stausholm is Chief Financial Officer, Executive Director of the Company. He has over 20 years’ experience in senior finance roles in Europe, Latin America and Asia. He also has deep experience of capital-intensive, long-cycle businesses, and of innovative technology and supply chain optimisation. Jakob spent six years with the Maersk Group, where his roles included group chief financial officer and executive director of the group’s integrated transport and logistics business, and group chief financial officer for the facility services company ISS A/S. He had previously spent more than 19 years with Royal Dutch Shell plc, holding a range of finance positions, including chief internal auditor.

Bold Baatar

Mr. Bold Baatar is Chief Executive - Energy & Minerals of the company. He has been the chief executive of our Energy & Minerals (E&M) product group since 2016. Through the development of new products and markets, a value-overvolume approach for E&M, and the successful divestment of the coal business, he has helped to drive the optimisation of Rio Tinto’s portfolio and to generate significant shareholder value. He has also refreshed the Group’s focus on Africa and driven the development of Rio Tinto Ventures, which focuses on assessing growth opportunities in the minerals and metals of the future.

Alfredo Barrios

Mr. Alfredo Antonio (Alf) Barrios Ph.D., is Chief Executive of Rio Tinto Aluminium of Rio Tinto Ltd. Since then, RTA has seen significant improvement on safety and strong financial performance with industry-leading EBITDA margins, and growth projects including the modernisation of the Kitimat smelter and construction of the Amrun bauxite mine. RTA continues to lead the industry on sustainability, launching the first certified low CO2 aluminium, becoming the first company certified by the Aluminium Stewardship Initiative for responsible production, and establishing Elysis, a partnership with Alcoa supported by Apple and the governments of Canada and Quebec, to further develop the world’s first carbon-free smelting technology.

Chris Salisbury

Mr. Chris Salisbury is Chief Executive - Iron Ore of the Company since 2016. Over this time, Iron Ore has consistently delivered strong operational and cost performance. It has also led in innovation: including the development of the world’s largest robot – a driverless train up to 2.4 km long – and developing plans for the construction of Koodaideri, the world’s first intelligent mine. At the same time, Chris has focused on reskilling, retraining and reshaping the Iron Ore workforce to be ready for the future, and made improving safety and wellbeing across Iron Ore a personal and business priority.

Arnaud Soirat

Mr. Arnaud Soirat, Ph.D., is Chief Executive - Copper & Diamonds of the Company since 2016. Under Arnaud’s leadership, C&D has progressed its growth projects and focused on operational excellence, productivity improvement and cost reduction, deploying lean manufacturing to help achieve them. The resulting strong value creation has enabled the business to self-finance its growth and stay free-cash-flow positive. The payment of strong dividends from Escondida and the sale of our participation in Grasberg – both non-managed assets – have also created substantial value for our shareholders.

Philip Richards

Mr. Philip Richards is Group Executive - Legal, Group General Counsel of the Company. He was appointed Group General Counsel in April 2017 after taking on the role from December 2016 on secondment from Freshfields. Alongside leading our legal teams around the world, Philip oversees a range of governance functions including the Company Secretariat, Ethics & Integrity, and Technical Evaluation Group. His work to reinforce governance includes overseeing the formation of a specialist legal team to support our expanding Commercial group, the transformation of the Group’s risk function, and the creation of an integrated assurance office to coordinate all our second line assurance activity.

Joanne Farrell

Ms. Joanne Farrell is Group Executive - Health, Safety & Environment of the Company since July 2016. She has driven projects aimed at improving the Group’s hazard control frameworks while simplifying the paperwork burden on frontline employees. Joanne has also championed fitness-for-work initiatives and support for mental wellbeing. As managing director, Australia, she has helped drive our diversity and inclusion agenda and secure our White Ribbon accreditation, which recognises workplaces taking active steps to stop violence against women. Joanne draws on more than 35 years’ experience of the mining industry.

Vera Kirikova

Ms. Vera Kirikova is Group Executive - Human Resources of the Company since January 1, 2017. She has led the development of a robust peoplestrategy, aligned to our business strategy, and the delivery of an award-winning leadership programme. Since 2018, she has been responsible for our strategy for shaping a strong workforce for Rio Tinto’s future: this includes the development of a technical career framework, a strong talent pipeline, and a new Group-wide approach to performance. She has also been overseeing the implementation of the Group’s new operating model, which is designed to increase collaboration and efficiency.

Stephen McIntosh

Mr. Stephen McIntosh is Group Executive - Growth & Innovation of the Company since July 2, 2016, following more than three decades of service with Rio Tinto. As chief executive, Steve has successfully applied innovative, leading-edge technical expertise to discover new ore deposits and develop them into assets – including our Amrun bauxite mine in Queensland. He is also leading our efforts to digitise operations, including through artificial intelligence and data analysis. In 2018, he led Rio Tinto’s groundbreaking White Ribbon accreditation initiative, which supports employees who are victims of family or domestic violence.

Simone Niven

Ms. Simone Niven is Group Executive - Corporate Relations of the Company. Simone has played an important role in developing our vision of partnership – which mitigates risk while delivering sustained value to our assets and society. She also led the development of integrated market and regional country strategies which align both with business and Group priorities. In 2018, Simone led the development of our new approach to environmental, social and governance performance, which was launched in October 2018 with the board’s ESG Investor Seminar.

Simon Trott

Mr. Simon Trott is Chief Commercial Officer of the Company since 2017 in order to establish and lead our Commercial group. Commercial works with our product groups to grow value across customer and supplier chains. To establish Commercial, Simon managed the integration of sales and marketing, marine and logistics, and procurement activities into one organisation. This included linking Commercial activities in the Singapore hub with new consolidated satellite offices in Chicago and Frankfurt, and other Commercial offices globally, and building a team focused on growing value through capability building, digitalising key processes, and step-out commercial activities.

Steve Allen

Mr. Steve Allen is Joint Company Secretary of the Company. He is company secretary of Rio Tinto plc and joint company secretary of Rio Tinto Limited. Before joining Rio Tinto, Steve was deputy general counsel at BG Group plc. He served as company secretary of BG Group from 2011 to 2016, having previously been chief counsel, Corporate, from 2008 to 2011. Before joining BG Group in 2005, Steve was a corporate lawyer for Herbert Smith LLP in London. Current external appointments: Member of the GC100 Executive Committee and Corporate Governance Council.

Tim Paine

Mr. Tim A. Paine is Joint Company Secretary of Rio Tinto Ltd. He joined the Group in 2012 and became joint company secretary of Rio Tinto Limited in 2013. He has over 25 years’ experience in corporate counsel and company secretary roles, including as general counsel and company secretary at Mayne Group, Symbion Health and Skilled Group. Tim spent 12 years at ANZ Bank, including as acting general counsel and company secretary. Current external appointments: Company secretary for the Foundation for Australia-Japan Studies and a member of the Governance Institute of Australia’s Legislation Review Committee.

Megan Clark

Dr. Megan Elizabeth Clark Ph.D., AC, is Independent Non-Executive Director of Rio Tinto Ltd., since 20 November 2014. Skills and experience: Megan combines expertise in the mining and metals industry with strong leadership experience in science, research and technology. Megan was chief executive of the Commonwealth Scientific and Industrial Research Organisation (CSIRO) from 2009 until 2014. She had previously held various roles with Western Mining Corporation, and was a director at N M Rothschild and Sons (Australia), and a vice president at BHP Billiton. Her commitment to sustainable development and understanding of innovation bring valuable insights to the board. Current external appointments: Non-executive director of CSL Limited since 2016 and CARE Australia since 2015. Head of Australian Space Agency.

David Constable

Mr. David E. Constable is Independent Non-Executive Director of the Company. He has strong corporate governance, board and leadership credentials. His international experience in the engineering, construction, energy, mining and chemical sectors includes the execution of major capital projects. David was chief executive officer of Sasol Limited from 2011 to 2016, and worked with Fluor Corporation from 1982 to 2011, most recently as Group president, Operations. Current external appointments: Non-executive director of Anadarko Petroleum Corporation since 2016 and ABB Ltd since 2015. Chairman of the Compensation Committee at ABB Ltd. Senior advisor, Cerberus Capital Management. Member of the US Business Council.

Dame Moya Greene

Ms. Moya Greene is Independent Non-Executive Director of the Company. She is an experienced leader in both private and public sectors who has expertise in logistics, strategic planning and complex negotiations. She was CEO of Royal Mail plc from 2010 to 2018, having formerly been president and CEO of Canada Post Corporation. Moya moved into business in 1996 having previously served in the Canadian civil service, including serving as assistant deputy minister for Transport Canada. Current external appointments: Non-executive director of EasyJet plc since July 2017. Member of the board of trustees for the Tate Gallery and the National Gallery.

Simon Henry

Mr. Simon Henry is Independent Non-Executive Director of the Company effective 1 April 2017. He has significant experience in global finance as well as corporate governance, M&A, international relations and strategy. He draws on over 30 years’ experience at Royal Dutch Shell plc, where he was chief financial officer from 2009 to 2017, following roles as chief financial officer and executive vice president, Finance, Exploration & Production, and head of Group Investor Relations. Current external appointments: Non-executive director (and chair of the Audit Committee and Risk Committee) of Lloyds Banking Group plc since June 2014. Independent director of PetroChina Company Limited since June 2017. Member of the UK Defence Board and chair of the Defence Audit and Risk Committee.

Michael L'Estrange

Prof. Michael Gerard L'Estrange is Independent Non-Executive Director of Rio Tinto Ltd. Skills and experience: Michael’s distinguished public service career gives him practical experience of the broader geostrategic and societal trends which impact Rio Tinto. Michael held various senior roles for the Australian government, including head of the Cabinet Policy Unit and secretary of the Department of Foreign Affairs and Trade. He served as High Commissioner to the United Kingdom, and is an Officer of the Order of Australia. Current external appointments: Director and deputy chancellor of the University of Notre Dame, Australia. Non-executive director, Qantas Airways Limited since April 2016.

Sam Laidlaw

Mr. Sam Laidlaw is appointed as Senior Independent Non-Executive Director of the Company., effective 10 April 2019. He has had a long and distinguished career in the energy industry, both in the UK and internationally. Sam brings to the board deep experience of long-cycle, high-capex and safety critical industries from his involvement in the upstream oil and gas industry for over 30 years. Sam has particular experience of health, safety and community engagement issues in the mining industry. He also brings experience of operations in developing countries that have a significant economic, environmental and social footprint. Sam was chief executive officer of Centrica plc from 2006 to 2014. His other previous roles include executive vice president of Chevron Corporation; chief executive officer of Enterprise Oil plc; and president and chief operating officer of Amerada Hess Corporation. He was also non-executive director of Hanson PLC, a member of the UK Prime Minister’s Business Advisory Group and was senior director of the UK Department of Transport. Sam is a qualified solicitor and has a Master’s degree in Business Administration from INSEAD. He has been Non-executive director of HSBC Holdings plc from 2008 until April 2017 (including chairman of the Remuneration Committee and Nomination Committee), chairman of Neptune Energy Group Holdings Ltd,, chairman of the National Centre of Universities & Business, a board member of the Oxford Saïd Business School and a council member of Radley College.

Simon McKeon

Mr. Simon Vincent McKeon is Independent Non-Executive Director of the company effective 1 January 2019. He brings insights into a wide range of sectors including financial services, the law, government, and charities. Simon practiced as a solicitor before joining Macquarie Group where he spent 30 years culminating as executive chairman of its business in the state of Victoria, Australia. He served as chairman of AMP Limited and of the Australian government’s research and development body, CSIRO. He also served as the first president of the Australian Takeovers Panel. Current external appointments: Chancellor of Monash University. Non-executive director of Spotless Group since December 2016. Fellow of the Australian Institute of Company Directors.

David Ovington

Basic Compensation