Rio Tinto makes board changes

Rio Tinto has made some major senior management changes, as CFO Guy Elliot announces his retirement and division heads change.

Elliot has stated that he will retire at the end of next year, although he will continue in the role of CFO until a successor is appointed.

Both Rio chairman Jan du Plessis and CEO Tom Albanese thanked Elliot for his three decades with the company.

Following Elliot's announcement there has also been a shift in senior management.

Rio's Energy chief Doug Ritchie will move into the role of group executive strategy as of 1 January next year.

Current Diamonds and Minerals head Harry Kenyon-Slaney will take up Ritchie's now vacated position from 1 September.

The miner's iron ore international operations president Alan Davies will shift into Kenyon-Slaney's former role as head of Diamonds and Minerals from September.

However Davies will still retain responsibility of the Simandou iron ore project, while the Dampier salt operations will transfer into the Diamonds and Minerals group.

Albanese explained Ritchie's new position on the executive committee, stating that "adding a strategy role to the Executive Committee underlines the priority we place on this key area and on continuity of our strategic direction.

"Guy has done an excellent job leading the strategy team and there will be a seamless handover to Doug, whose thorough knowledge of the business and experience in this area will be invaluable to both the Board and my executive team."

To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. Click here.