https://www.reuters.com/world/asia-pacific/rio-tinto-split-with-ceo-stausholm-over-conflicting-priorities-sources-say-2025-05-28/?utm_source=www.moneyofmine.com&utm_medium=newsletter&utm_campaign=stausholm-exit-more-beneath-the-surface&_bhlid=a3e8d4f4afcef79d5cde16c31d7abd74b86a1da9
So according to this article on Reuters, the one of the main issues that the Board of RIO had with Jake Stausholm was actually rising costs and apparently Jake's reluctance to cut costs? Anonymous sources but still interesting reading. Interesting that the early discussions of a merger with Glencore were also cited, as well as the issue about the dual-listed structure.
Seems to be lots of finger pointing at any number of issues between the board and Jake? If any of these rumours are true.
https://www.reuters.com/world/asia-pacific/rio-tinto-split-with-c...
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$116.13 |
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| Open | High | Low | Value | Volume |
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| RIO (ASX) Chart |