All data is delayed
See More

Rio Tinto CEO to step down

Jan 17 2013 09:37

London - Global miner Rio Tinto said its chief executive would step down after it announced a $14bn non-cash impairment charge in its 2012 results due to problems in Mozambique and aluminium assets. 

The group said Tom Albanese would step down as chief executive by mutual agreement with the Rio Tinto Board, and he would be replaced by Iron Ore CEO Sam Walsh. 


Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

rio tinto


Read Fin24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


With infrastructure spending having been identified as one of the key focus areas of the National Development Plan, tradesmen will continue to play a critical role in growing the South African economy through their skills..

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

A 30% a month return on investment is:

Previous results · Suggest a vote