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Rio Chair to Exit After Failings on Aboriginal Site Blasts

  • Thompson will not stand for board re-election in 2022
  • Investors had been pushing for board renewal after Juukan
Simon Thompson
Simon ThompsonPhotographer: Luke MacGregor/Bloomberg
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Rio Tinto Group Chairman Simon Thompson became the latest high-profile casualty of the company’s destruction of an ancient Aboriginal site, saying that he’s accountable for the failings that led to the incident.

The fallout from Rio’s actions at Juukan Gorge in the Pilbara iron ore region of Western Australia last May has already led to the departure of former Chief Executive Officer Jean-Sebastien Jacques and other senior executives. Thompson had also come under investor pressure to step down.