Dominic Barton to Succeed Simon Thompson as Chair at Rio Tinto
The board of Rio Tinto has selected Dominic Barton to succeed Simon Thompson as the company’s new chair. Dominic will join the board April 4, 2022 and be appointed to the role of chair at the conclusion of the Rio Tinto Limited annual general meeting on May 5, 2022. Simon Thompson served as chair for four years and as a non-executive director since 2014.
A Ugandan-born Canadian, Dominic Barton spent more than 30 years at McKinsey & Company, including nine as the global managing partner and six as Asia chairman. Most recently, he has been Canada’s Ambassador to China since 2019. He brings a wealth of global business experience having advised clients in a range of industries, including banking, consumer goods, high tech, and industrials, as well as a deep insight of geopolitics, corporate sustainability and governance.
Dominic’s previous corporate governance work includes being chair of Teck Resources, a non-executive director at Singtel Group, and a non-executive director at Investor AB. He has held various public sector leadership positions, including chair of Canada’s Advisory Council for Economic Growth and chair of the International Advisory Committee to the president of South Korea on National Future and Vision. His business acumen and public sector insights position him to provide critical guidance and oversight to Rio Tinto’s leadership team during a pivotal time for the company.
“It is a great honor to succeed Simon as chair of Rio Tinto. Returning to the private sector, I am excited to join a company with world-class people and assets as it navigates a shifting competitive landscape and seeks to emerge as a leader in the climate transition,” said Dominic Barton.
“I look forward to working with Jakob and the Board to implement a strategy that puts decarbonization at the heart of the business and positions Rio Tinto to be a leader in addressing complex global problems, while building and sustaining trust with host communities,” added Barton.
“I am delighted with the choice of Dominic, who I believe brings exactly the skills and experiences that we in Rio Tinto need. I am truly looking forward to working with Dominic in our effort to continue to strengthen Rio Tinto, in particular drawing on his wealth of experience across Asia in both a business and diplomatic capacity,” said Jakob Stausholm, Rio Tinto chief executive.
“I would like to thank Simon for his dedication to Rio Tinto and the support and counsel he has provided, and continues to provide, to me during a period of transformative change,” added Stausholm.
About Rio Tinto
Rio Tinto provides work for more than 19,000 people in Canada and the United States, producing aluminium, boron, copper, diamonds, iron ore and titanium. They operate in Quebec, Labrador Newfoundland, British Columbia and the Northwest Territories in Canada, and Utah, California, Arizona and Illinois in the United States. Their office in Montreal is a global hub for Rio Tinto that supports operations around the world and its commercial center in Chicago connects them with customers in the key market of the United States.
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