Fixing Rio Tinto's ESG record is just the start for Stausholm
It will not be enough for the new CEO to raise Rio’s lamentable game in corporate social responsibility, where he has credentials. He will have to show he is more than the lieutenant of chairman Simon Thompson.
In mines, internal instability can bring dangerous cave-ins. Rio Tinto has been suffering its own tremors. In the eyes of many locals, an Australian miner was needed to stabilise this Anglo-Australian mining group.
New chief executive Jakob Stausholm is neither Australian nor a miner. He is, however, seen as being a supporter of chairman Simon Thompson, who is under pressure.
