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Under Jacques’s leadership, Rio’s London-listed shares have doubled, beating gains by BHP and the Bloomberg World Mining Index, and the company has handed back record amounts of cash to investors. Jacques will leave the Anglo-Australian mining giant … Published Thu, Sep 10 2020 8:40 PM EDT Updated Fri, Sep 11 2020 7:54 AM EDT. Jean-Sébastien Jacques: Demnächst nicht mehr Chef von Rio Tinto. 10 December 2020 By Robyn Mak Follow @mak_robyn. 5:38 pm on 11 September 2020. Mr … REUTERS/Patrick T. Fallon Operations It portends a long slog to repair the $120 bln company’s reputation. and . We are also determined to regain the trust of the Puutu Kunti Kurrama and Pinikura people and other Traditional Owners. Bergbaukonzern macht heilige Stätte der Aborigines dem Erdboden gleich Der australisch-britische Grosskonzern Rio Tinto hat ein Gräberfeld in Australien gesprengt. Top miner BHP Group installed Mike Henry as its new CEO in January, while leadership transitions are seen looming at both Anglo American Plc and Glencore Plc. Chris Salisbury, iron ore unit CEO, and Simone Niven, group executive of corporate relations, will also exit. Rio, which is headquartered in London and has been criticized for a lack of understanding about community issues in Western Australia, should move to appoint an Aboriginal person to its board, Marica Langton, associate provost at the University of Melbourne, and a prominent Indigenous academic told Bloomberg Television Friday in a interview. Real-time discussion about Rio Tinto plc (RIO.L) on CEO.CA, an investment chat community for Canada's small cap markets The new Rio Tinto CEO will have the task of trying to restore investor confidence in its handling of environment, social and governance (ESG) issues. 10:52am Sep 11, 2020. Rio Tinto CEO, execs quit over blasting of Aboriginal sites. Heilige Aborigine-Stätten gesprengt: Rio-Tinto-Chef geht 11.09.2020, 09:31 Uhr dpa-AFX. The Rio Tinto logo is displayed on a visitor's helmet at a borates mine in Boron, California, U.S., November 15, 2019. Rio Tinto CEO to leave company after destruction of sacred sites The company destroyed two rock shelters in Juukan George in Western Australia state that had been inhabited for 46,000 years. Obwohl sie ihre Jobs nach dem Skandal verlieren, behalten die drei Manager nach Angaben des britischen "Guardian" ihre Ansprüche auf langfristig angelegte Bonuszahlungen. Chris Salisbury will step down as Chief Executive, Iron Ore with immediate effect and will leave Rio Tinto on 31 December 2020. Der Vorfall hatte im Mai für Empörung gesorgt: Um an Erz zu gelangen, jagte der Rio-Tinto-Konzern zwei heilige Stätten der australischen Ureinwohner in die Luft. Die Gegend ist extrem abgelegen, allerdings für Bergbaufirmen wegen der enormen Bodenschatz-Vorkommen sehr attraktiv. Rio Tinto announced the resignation of its CEO and two other top execs on Friday over the mining giant's destruction of a 46,000-year-old Aboriginal site to expand an iron ore mine in Australia. French born Mr Jacques, who goes by JS, has been CEO of Rio Tinto since 2016. Heilige Stätten in Australien gesprengt - CEO von Rio Tinto tritt zurück. Simon Thompson, Rio Tinto chairman, said Mr Jacques had agreed to stand down as chief executive and a process to identify a successor was under way. Rio Tinto's board is looking for a new chief executive to take the company's reins by the end of March. "Was in Juukan passiert ist, war falsch. Share this. “It became clear that this issue of individual accountability was just an obstacle to rebuilding trust,” Thompson said. Staying invested in Rio Tinto gives firms like HESTA the chance to engage such mining companies in managing community issues responsibly, says Debby Blakey, CEO … “They will have to take responsibility for what is going to be a process running over months, if not years, of restoring confidence in our ability to manage communities and heritage effectively, and that will be one of the key criteria,” Thompson said. Frydenberg tells Rio Tinto to hire Australian CEO Jennifer Hewett Columnist. The departure of Jacques, 48, who joined Rio in 2011, comes amid wider upheaval in the top ranks of the mining industry, as the sector prepares for a longer-term slowdown in demand from China and navigates moves to decarbonize the global economy. Rio Tinto’s CEO to quit after anger over Aboriginal cave blasts. Rio Tinto CEO quits after destruction of priceless Aboriginal heritage site. Investors said it was crucial Rio repaired its relationships with the groups as well as navigate other government issues. Rio Tinto's board is looking for a new chief executive to take the company's reins by the end of March. Rio Tinto's CEO and two senior executives will be replaced after an investor revolt forced the board to escalate its response to the Aboriginal cave blast crisis. Rio Tinto CEO, Jean-Sébastien Jacques, was asked by the group’s board to step down following investor and stakeholder pressure. Share on Twitter; Share on Facebook; Share via email ; Share on Reddit; Share on Linked In; The boss of mining giant Rio Tinto will resign from the company "by mutual agreement" following the destruction of some of Australia's oldest heritage sites by the company this year. Wir werden sicherstellen, dass die Zerstörung einer solchen Stätte nie wieder im Rahmen einer Rio-Tinto-Operation geschieht", hieß es aus dem Unternehmen. “If these three individuals do not have the confidence of critical stakeholders to lead the required changes then we have got to move on.”. Mr … Rio Tinto's Chief Executive, Director is J-S Jacques. Kulturgüter zerstört. FILE PHOTO: Jean-Sebastien Jacques, CEO of Rio Tinto Group poses for a portrait ahead of the publication of the company 2019 full year results in London, Britain February 26, 2020. Mining giant Rio Tinto Ltd destroyed two ancient and sacred rock shelters in the Pilbara region of Western Australia as part of an iron ore mine expansion in late May. Spätestens im März 2021 soll aber für ihn Schluss sein. By Nick Pearson. Investors and bankers say the field is narrowing to a handful of candidates. Kulturgüter zerstört. SPIEGEL+-Zugang wird gerade auf einem anderen Gerät genutzt. Share. Die Suche nach einem Nachfolger läuft. Am Freitag teilte Rio Tinto mit, dass CEO Jean-Sébastien Jacques seinen Posten räumen wird. The sites, used by Aboriginal Australians for cooking and shelter as long as 46,000-years ago, were among the most significant of their type in the country, according to archaeologists. Ivan Vella, currently Managing Director for Rail, Port & Core Services within Rio Tinto Iron Ore, will replace him on an interim basis, following a handover period with Chris. Both internal and external candidates will be assessed, he said. Rio Tinto CEO quits after backlash over Aboriginal site destruction. Rio Tinto Group Chief Executive Officer Jean-Sebastien Jacques will step down amid an investor backlash over the destruction of ancient Aboriginal heritage sites … Rio Tinto said it will withhold performance bonuses from CEO Jean-Sébastien Jacques, the head of its iron ore business Chris Salisbury, and group executive for corporate relations, Simon Niven. REUTERS/Patrick T. Fallon Share this. Salisbury and Niven will leave Rio on Dec. 31, while Ivan Vella will be appointed as Rio’s new head of the iron ore division, the company said. Rio Tinto (spanisch für „roter Fluss“) ist ein 1873 gegründeter britisch-australischer Bergbaukonzern. A survey there found the shelters had been continually occupied for 46,000 years and were one of the most significant archaeological sites in Australia. CEO Jean-Sébastien Jacques werde gehen, sobald ein Nachfolger gefunden sei, spätestens aber Ende März 2021. Jean-Sebastien Jacques is leaving Rio Tinto early next year after more than four years as CEO Two other senior executives, the heads of iron ore and corporate affairs, are also leaving Rio Tinto CEO Stepping Down Over Destruction Of Ancient Aboriginal Site In May, mining giant Rio Tinto blasted through two ancient rock shelters in Western Australia in … SPIEGEL+ kann nur auf einem Gerät zur selben Zeit genutzt werden. Rio Tinto CEO Jean-Sebastien Jacques is stepping down after pressure from shareholders over the destruction of a 46,000-year-old Aboriginal heritage site. Rio Tinto Exits Leave Bigger Problems Behind The decision to blast through a 46,000-year-old sacred Aboriginal site cost some top jobs. Two other executives will also leave after the mining giant destroyed Indigenous Australian heritage sites. Der Vorfall aus dem Mai hatte in Australien für Proteste gesorgt. Die Suche nach einem Nachfolger läuft. In der Juukan-Schlucht in der Pilbara-Region waren Hinweise auf 46.000 Jahre kontinuierliche Besiedlung gefunden worden. Spätestens im März 2021 soll aber für ihn Schluss sein. Rio Tinto CEO Jean-Sebastien Jacques is stepping down after pressure from shareholders over the destruction of a 46,000-year-old Aboriginal heritage site. Rio Tinto chairman Simon Thompson said: “What happened at Juukan was wrong and we are determined to ensure that the destruction of a heritage site of such exceptional archaeological and cultural significance never occurs again at a Rio Tinto operation. Rio Tinto CEO to leave company after destruction of sacred sites The company destroyed two rock shelters in Juukan George in Western Australia state that had been inhabited for 46,000 years. The Juukan Gorge is in Hamersley Ranges, in Western Australia's Pilbara region. Key Points. The change comes only weeks after Chairman Simon Thompson said Jacques had the board’s backing to handle the fallout from the company’s destruction of the ancient sites. 5:38 pm on 11 September 2020. Heilige Aborigine-Stätten gesprengt: Rio-Tinto-Chef geht 11.09.2020, 09:31 Uhr dpa-AFX. Key Points. Am Freitag teilte Rio Tinto mit, dass CEO Jean-Sébastien Jacques seinen Posten räumen wird. Jacques also told a Parliamentary committee hearing last month that the region’s traditional land owners, the Puutu Kunti Kurrama and Pinikura Aboriginal Corporation, were not made aware that Rio had three alternative options that could have avoided damaging the Juukan Gorge shelters. File photo by Reuters. CEO Jean-Sébastien Jacques … Two other executives have also resigned, including Chris Salisbury, head of the iron ore division. Rio Tinto CEO Jean-Sebastien Jacques is stepping down after pressure from shareholders over the destruction of a 46,000-year-old Aboriginal heritage site. Nun muss der Chef gehen. Der australisch-britische Grosskonzern Rio Tinto hat ein Gräberfeld in Australien gesprengt. The Rio Tinto logo is displayed on a visitor's helmet at a borates mine in Boron, California, U.S., November 15, 2019. Watch: Marcia Langton, associate provost at the University of Melbourne and one of Australia's most prominent advocates for indigenous rights, talks about Rio Tinto Group's destruction of ancient Aboriginal heritage sites and the exit of Chief Executive Officer Jean-Sebastien Jacques. Rio Tinto … Jacques hatte zuvor bereits auf Bonuszahlungen verzichtet und sich im australischen Senat dafür entschuldigt, dass sein Unternehmen im Mai zwei heilige Stätten im Bundesstaat Western Australia zerstört hatte, um Erzvorkommen besser ausbeuten zu können. Jacques will remain in his role until the end of March next year, or a successor is appointed, Rio said Friday in a statement. Rio’s next top executive will face a potentially lengthy task to restore the company’s relationships in local communities, and the ability to carry out that work will shape the board’s decision on replacing Jacques, Thompson said. 11 Sep 2020. Salisbury is stepping down immediately, and both he and Nivens will leave the company entirely at the end of the year. Now out at Rio Tinto, according to CNN, are CEO Jean-Sébastien Jacques, Salisbury, and corporate relations group executive Simone Nivens.Jacques will remain until his successor chosen or at the end of March. Investors and bankers say the field is narrowing to a handful of candidates. Share on Twitter; Share on Facebook; Share via email ; Share on Reddit; Share on Linked In; The boss of mining giant Rio Tinto will resign from the company "by mutual agreement" following the destruction of some of Australia's oldest heritage sites by the company this year. Rio Tinto CEO, execs quit over blasting of Aboriginal sites. Er ist neben Vale und BHP eines der drei größten Bergbauunternehmen der Welt und seit der Übernahme von Alcan der weltweit führende Aluminiumproduzent. Jacques will leave the Anglo-Australian mining giant … Rio Tinto's CEO and two senior executives will be replaced after an investor revolt forced the board to escalate its response to the Aboriginal cave blast crisis. Interne Unterlagen hatten in der vergangenen Woche ergeben, dass Rio Tinto eine Anwaltskanzlei engagiert hatte, um möglichen rechtlichen Schritten der indigenen Gruppen der Puutu Kunti Kurrama und Pinikura zur Rettung der heiligen Stätten entgegenzutreten. The new Rio Tinto CEO will have the task of trying to restore investor confidence in its handling of environment, social and governance (ESG) issues. Rio Tinto said it will withhold performance bonuses from CEO Jean-Sébastien Jacques, the head of its iron ore business Chris Salisbury, and group executive for corporate relations, Simon Niven. See the full leadership team at Craft. Rio Tinto CEO Forced Out By Pressure Over Aboriginal Site Blast By . Other executives include Jakob Stausholm, Chief Financial Officer, Director; Bold Baatar, Chief Executive, Energy & Minerals; and 18 others. Jean-Sébastien Jacques and two senior executives to leave miner after investor pressure. The new CEO will also take on a flagship copper mine expansion in Mongolia that’s been beset by delays and a budget blowout. Rio Tinto ist eines der größten Bergbau-Unternehmen der Welt mit einem Jahresumsatz von mehr als 40 Milliarden US-Dollar. Rio Tinto CEO, Jean-Sébastien Jacques, was asked by the group’s board to step down following investor and stakeholder pressure. Rio Tinto chief executive Jean-Sebastien Jacques attends an annual general meeting in Perth, May 9, 2019. Rio Tinto Group Chief Executive Officer Jean-Sebastien Jacques will step down amid an investor backlash over the destruction of ancient Aboriginal heritage sites in Australia. Salisbury is stepping down immediately, and both he and Nivens will leave the company entirely at the end of the year. That doesn’t mean the company has a clean slate. Email Share A scathing government report over the Australian miner’s destruction of Aboriginal sites calls for sweeping changes. Klicken Sie auf den Button, spielen wir den Hinweis auf dem anderen Gerät aus und Sie können SPIEGEL+ weiter nutzen. Die Entrüstung ist groß, als der Bergbaukonzern Rio Tinto eine 46.000 Jahre alte heilige Stätte der Aborigenes dem Erdboden gleich macht. Before it's here, it's on the Bloomberg Terminal. Das Unternehmen kam Mitte 2018 auf einen Börsenwert von über 99 Mrd. Rio Tinto … Other executives include Jakob Stausholm, Chief Financial Officer, Director; Bold Baatar, Chief Executive, Energy & Minerals; and 18 others. “Rio Tinto now needs to turn its words into actions,” it said. Sep 14, 2020 – 12.00am or Subscribe to save article Treasurer Josh Frydenberg has told the chairman of Rio Tinto that the company’s next chief … Rio Tinto chief executive Jean-Sebastien Jacques attends an annual general meeting in Perth, May 9, 2019. FILE PHOTO: Jean-Sebastien Jacques, CEO of Rio Tinto Group poses for a portrait ahead of the publication of the company 2019 full year results in London, Britain February 26, 2020. Nach der Sprengung von heiligen Stätten australischer Ureinwohner treten der Chef des Bergbau-Großkonzerns Rio Tinto und weitere Spitzenmanager zurück. Log in or Subscribe to save article. Rio Tinto CEO and other top executives to step down after Australia cave blast review . Thomas Biesheuvel, September 10, 2020, 7:36 PM EDT Explosions hit … Rio Tinto, the world’s second-largest miner by market capitalization, resigns in September after CEO Jan Sebastian Jack resigns after more than four years in office, and investors hold senior leaders accountable. USD. David Stringer. Nach der Sprengung von heiligen Stätten australischer Ureinwohner treten der Chef des Bergbau-Großkonzerns Rio Tinto und weitere Spitzenmanager zurück. Explosions in May to open up a mining area at an iron ore operation impacted two rock-shelters -- shallow, cave-like structures -- in the Juukan Gorge region of Western Australia’s Pilbara region. Doch das war vielen Investoren zu wenig, sie hatten seit mehr als einer Woche personelle Konsequenzen verlangt. Jean-Sebastien Jacques, CEO of Rio Tinto Group poses for a portrait in London in February 2020. Explosions hit 46,000-year-old landmarks earlier this year, Investors criticized a board-led inquiry into the incident. (Reuters: Toby Melville) While the May explosions were lawful under a state government decision, Rio has been accused of failing to act on information that later showed the heritage sites had greater significance than first understood. That will likely require an executive with experience of Australia’s iron ore sector, an ear for community relations and the capability to usher through complex growth projects, said Andy Forster, senior investment officer at Argo Investments Ltd., which holds Rio shares. Facebook Breakup Would Demolish Zuckerberg’s Social Media Empire, Billionaire Shocked by Son’s Quick $50 Million Trading Loss, Ray Dalio Sees ‘Flood of Money’ With Soaring Asset Prices, Stocks Drop, Bonds Climb Amid Stimulus Standoff: Markets Wrap, China Tells Cabin Crew to Wear Diapers on Risky Covid Flights. The successor to Jacques, CEO since July 2016, will need to convince investors, regulators and legislators in Western Australia that Rio can address governance failings in its iron ore unit -- the division that accounted for more than 90% of first-half earnings. Is just going to be repairing those relationships, ” Thompson said years just. 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