Rio Tinto appoints two new non-executive directors to board

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Rio Tinto has appointed Martina Merz and Sharon Thorne as non-executive directors. Martina Merz will join the board on February 1, 2024, and will therefore stand for election at the annual general meetings of the company in 2024.

Sharon Thorne will join the board on July 1, 2024, and will therefore stand for election at the annual general meetings of the company in 2025.

Merz, a German citizen, brings extensive leadership and operational experience, most recently serving as CEO of industrial engineering and steel production conglomerate ThyssenKrupp AG. She has previously held numerous leadership roles, including at Robert Bosch GMBH and at Chassis Brakes International.

Merz also has extensive listed company experience, currently serving on the board of AB Volvo and the supervisory board of Siemens AG. She is a former board member at Imerys SA, SAF Holland SE, Deutsche Lufthansa AG, Thyssenkrupp AG and Bekaert SA.

Thorne, a British citizen, is a chartered accountant and has had a 36-year career with Deloitte. She became an audit partner of Deloitte in 1998, held numerous executive and board roles, becoming deputy CEO Deloitte North West Europe in 2017 and global chair from 2019, before retiring at the end of November 2023. She has also served on the boards of the Confederation for British Industry, Prostate Cancer UK and the Social Progress Imperative.

“Martina has extensive leadership experience in handling cyclical businesses, navigating the energy transition and decarbonization initiatives, and leading innovation and R&D efforts,” Rio Tinto chairman Dominic Barton said in a statement.

“Having chaired the largest professional services firm in the world, Sharon brings extensive and transformational leadership experience together with deep industry knowledge, gained over 30 years of auditing and advising multinational clients. I am very pleased to welcome Sharon to our board,” Barton added.