Hong Kong / Sydney Rio Tinto CEO Jean-Sébastien Jacques has resigned as the mining giant continues to face pressure from investors for blowing up a 46,000-year-old sacred Indigenous site in Australia to expand an iron ore mine.
Jacques will leave once his successor is chosen or at the end of next March, whichever date comes first, according to the company. Two other executives are also departing: Chris Salisbury, head of the iron ore business, and Simone Niven, group executive for corporate relations. Salisbury is stepping down from his position immediately and will leave the company at the end of the year. Niven will also exit at the end of December.Rio Tinto's stock was down nearly 1% in Sydney on Friday.
Is resigning enough? Dont think so
I can't install new windows without getting a permit from local government.
Best news ever!!!!
He won't get off that easy if they've pointed the bone at him..He b about as safe as Rat Shit.
Smh
I hope they’re suing the company
D'y'reckon that'd be called good enough if they'd blown up something recent like Stonehenge or the Pyramids?
I’d like to be an archeologist
Right or wrong, I was taught when the plane crashes it's pilot error.
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Rio Tinto CEO to leave over destruction of Australian sitesCANBERRA, Australia (AP) — Rio Tinto chief executive Jean-Sebastien Jacques will leave the Anglo-Australian mining giant by March over the destruction of Australian Indigenous sacred sites to... For a crime against shared humanity heritage that was priceless, this man gets to lose his job but then goes on to live in a palace, get pocket money from directorships, meanwhile Rio Tinto‘s share values goes up due to not having this CEO at the helm. This is just a PR exercise. In America he'd get to rob the company pension plan, while also getting a 8 figure bonus for his trouble Cool. Guy gets to retire with a slap on the wrist, meanwhile the destroyed sites remain destroyed. This is nothing but a lame PR stunt.
Source: AP - 🏆 728. / 51 Read more »