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The Cryptonomics™ > Mining > Rio Tinto names Shell’s Katie Jackson as new copper chief
Mining

Rio Tinto names Shell’s Katie Jackson as new copper chief

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Last updated: July 17, 2024 12:36 pm
admin Published July 17, 2024
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Rio Tinto names Shell’s Katie Jackson as new copper chief


The incoming copper boss has huge worldwide expertise within the vitality sector, throughout operational and business roles. She began at Shell as a drilling engineer and labored in Asia, Europe, Japanese Europe, the Center East and the US.

Jackson was later appointed by BG Group as its government vp for world enterprise growth and technique. She then rejoined Shell in a high place, coping with acquisitions, divestments and new enterprise growth throughout the vitality firm’s portfolio.

Rio Tinto chief government, Jakob Stausholm, mentioned that Jackson’s appointment would play an important function in shaping the corporate’s copper enterprise for a profitable future.

“As we proceed the ramp up of Oyu Tolgoi to change into one of many world’s largest copper suppliers, we’re additionally trying to the longer term with new alternatives the world over,” Stausholm mentioned. 

The newly appointed government mentioned it was “an thrilling time” to guide Rio’s copper division, because the steel performs a central function in delivering a low carbon future.

Path to CEO?

Incumbent copper chief Daring Baatar  is seen by traders and analysts as a high contender to succeed Stausholm, who assumed the highest put up in January 2021. The Danish nationwide has been targeted on regaining public and traders belief within the firm, following world outcry over the miner’s destruction of sacred Aboriginal rock shelters.

Berenberg’s analyst Richard Hatch, mentioned the Mongolian nationwide’s promotion might doubtlessly be one other step in the direction of him taking up as CEO of Rio Tinto. He mentioned in April that he didn’t anticipate this taking place within the close to future.

Simon Trott, a long-time worker at Rio who leads its iron ore enterprise, and Peter Cunningham, the corporate’s chief monetary officer, are additionally thought of as different potential candidates for the highest place.



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