Rio Tinto CEO Jakob Stausholm to step down in surprise move

Rio Tinto CEO Jakob Stausholm will step down later this year, a surprising move given his leadership in transforming the company's culture and strategy. Stausholm, appointed in late 2020 after the Juukan Gorge incident, spearheaded ESG improvements and a pivot towards lithium. His departure raises questions about the future integration of Rio Tinto's lithium business.