Rio Starts Next CEO Hunt as Stausholm To Leave This Year

Rio Tinto Group's Gudai-Darri iron ore mine in the Pilbara region of Western Australia.

Photographer: Carla Gottgens/Bloomberg

Rio Tinto Group has started the hunt for a new chief executive officer after announcing that Jakob Stausholm will step down later this year.

The world’s No. 2 mining company plans to make an announcement before its third-quarter production results as it looks to capitalize on an enviable list of growth projects.