Rio Tinto Commercial Chief Seems Most Likely Next CEO, RBC Says -- Market Talk

Dow Jones
2025/05/22

1122 GMT - Rio Tinto's chief commercial officer, Bold Baatar, seems the most likely successor to Jakob Stausholm at the helm of the mining giant, RBC Capital Markets analysts say in a research note. Baatar joined Rio Tinto in 2013 and became commercial chief in September last year, having held positions like copper head, according to the company's website. "We believe Baatar's communication, portfolio knowledge and problem-solving skills--as showcased during his role at Oyu Tolgoi and Simandou--would prove key in leading Rio," the analysts say, referring to the company's projects to mine copper in Mongolia and iron ore in Guinea. Shares are down 0.3% at 46.37 pounds.(adria.calatayud@wsj.com)

 

(END) Dow Jones Newswires

May 22, 2025 07:22 ET (11:22 GMT)

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