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Rio Names New CEO as Scrutiny Over Australian Blasts Lingers Bloomberg 12/17/2020 © Photographer: Chris J. Ratcliffe/Bloomberg Rio Tinto Plc offices in London. (Bloomberg) Rio Tinto Group named finance head Jakob Stausholm as chief executive officer, tapping a relative newcomer to manage the fallout over its destruction of ancient Aboriginal sites in Australia. Danish-born Stausholm, 52, takes the helm at a time of crisis for the world’s second-largest miner. The blasts that destroyed a 46,000 year-old heritage site have damaged relations in Australia where Rio operates hugely profitable iron-ore mines sparked criticism from investors and shined a spotlight on how the group’s internal culture may have contributed to the failures. They also cost outgoing chief Jean-Sebastien Jacques his job.

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