Business
Frydenberg tells Rio Tinto to hire Australian CEO – The Australian Financial Review
The Morrison government wants and expects an Australian chief executive and majority Australian board. Will the London headquarters listen?
This political pressure will greatly increase the stakes for the dual-listed company in its attempts to recover from the massive reputational damage created first by the explosion and followed by the boards weak response.
Rios chairman has said Rio cannot afford to make its choice of chief executive on nationality alone and that the appointment had to be based on skills and experience. Thats even though Thompson has committed the company to greater engagement with Australia and a more senior ro…
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