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Aiming for the stars, Jacques failed Rio's grassroots

Aiming for the stars, Jacques failed Rio's grassroots

Jean-Sebastien Jacques wanted Rio Tinto to take on the world. But he failed to take care of the basics in its Australian backyard.

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Rio Tinto chief executive Jean-Sebastien Jacques has stepped down. Bloomberg

Peter KerResources reporter

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In the mind of Jean-Sebastien Jacques, Rio Tinto's name belonged up in lights beside some of the world's biggest and most powerful brands.

Where others saw BHP as the competition, he named Facebook and Google as Rio's opponents in the race to secure the world's brightest young minds, while Apple Corporation, Nespresso and Amazon were secured as partners on niche projects.

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Peter Ker
Peter KerResources reporterPeter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com

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Original URL: https://www.afr.com/companies/mining/aiming-for-the-stars-jacques-failed-rio-s-grassroots-20200911-p55umb