Rio CEO `Surprise' Signals Pivot From Cost-Cutting to Growth

  • Copper boss Jacques replaces iron man Sam Walsh in July
  • Changes come as mining giant handles commodity price rout

Rio Tinto's Bet on Copper

Rio Tinto Group named its top copper executive Jean-Sebastien Jacques as chief executive officer to succeed Sam Walsh, signaling its intent to usher in a new growth phase after years of aggressive cost-cutting.

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