Rio Tinto restructures operations and executive team for shareholder value

Effective August 27, 2025, Rio Tinto will streamline its product group structure into three world-class businesses: Iron Ore, Aluminium & Lithium, and Copper. Matthew Holcz will lead the unified Iron Ore portfolio, integrating Western Australian operations with the Iron Ore Company of Canada and the Simandou project. Jérôme Pécresse will head the combined Aluminium & Lithium group, while Katie Jackson will lead the Copper business, focusing on Oyu Tolgoi, Kennecott, and future projects like Resolution.

Outside the core groups, Rio Tinto's Borates and Iron & Titanium businesses will move into the chief commercial officer's portfolio for strategic review. Sinead Kaufman will depart Rio Tinto at the end of October 2025, and the chief executive Australia role will conclude, with Kellie Parker transitioning responsibilities to a new head of Australia.

The executive committee now includes Simon Trott as chief executive, Bold Baatar as chief commercial officer, Georgie Bezette as chief people officer, Peter Cunningham as chief financial officer, Mark Davies as chief technical officer, Isabelle Deschamps as chief legal, governance and corporate affairs officer, Matthew Holcz as chief executive Iron Ore, Katie Jackson as chief executive Copper, and Jérôme Pécresse as chief executive Aluminium & Lithium.