News: Changes in Rio's ranks

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    Global mining giant Rio Tinto (ASX:RIO) has announced former Transurban chief executive Chris Lynch will fill the role of chief financial officer.



    Mr Lynch has served as a non-executive director at Rio for more than a decade, and spent years as CFO at BHP. 



    Rio CEO Sam Walsh says Chris Lynch possesses a “strong pedigree of experience", to  replace veteran Guy Elliott, who is retiring.



    Mr Lynch will relocate to London for the role and reportedly begins on a $1.18 million salary, plus bonus and long term incentives.



    Rio last reported a $2.9 billion net loss. 
 
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