Vale board members in a ‘state of war’ over CEO succession — report
Last week, consulting firm Russell Reynolds delivered a list of 15 potential successors for Eduardo Bartolomeo.
Rio Tinto is focused on reshaping its portfolio with joint ventures rather than huge mergers and acquisitions, CEO Jakob Stausholm said on Wednesday.
“The last thing we need is very big M&A, because it’s very disruptive and it takes you off course,” Stausholm told a press briefing ahead of its investor day in Sydney.
(By Melanie Burton; Editing by Chris Reese)
Read More: Rio Tinto expects to spend about $6.2 billion on Simandou iron ore project
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