Rio Tinto Group Management

Management criteria checks 4/4

Rio Tinto Group's CEO is Jakob Stausholm, appointed in Jan 2021, has a tenure of 3.58 years. total yearly compensation is $6.07M, comprised of 25.1% salary and 74.9% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth CHF9.20M. The average tenure of the management team and the board of directors is 3.6 years and 3 years respectively.

Key information

Jakob Stausholm

Chief executive officer

US$6.1m

Total compensation

CEO salary percentage	25.1%
CEO tenure	3.6yrs
CEO ownership	0.01%
Management average tenure	3.6yrs
Board average tenure	3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jakob Stausholm's remuneration changed compared to Rio Tinto Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$11b
Mar 31 2024	n/a	n/a	US$10b
Dec 31 2023	US$6m	US$2m	US$10b
Sep 30 2023	n/a	n/a	US$9b
Jun 30 2023	n/a	n/a	US$9b
Mar 31 2023	n/a	n/a	US$10b
Dec 31 2022	US$5m	US$1m	US$12b
Sep 30 2022	n/a	n/a	US$15b
Jun 30 2022	n/a	n/a	US$18b
Mar 31 2022	n/a	n/a	US$19b
Dec 31 2021	US$5m	US$2m	US$21b
Sep 30 2021	n/a	n/a	US$20b
Jun 30 2021	n/a	n/a	US$19b
Mar 31 2021	n/a	n/a	US$14b
Dec 31 2020	US$3m	US$1m	US$10b
Sep 30 2020	n/a	n/a	US$8b
Jun 30 2020	n/a	n/a	US$7b
Mar 31 2020	n/a	n/a	US$8b
Dec 31 2019	US$3m	US$989k	US$8b
Sep 30 2019	n/a	n/a	US$11b
Jun 30 2019	n/a	n/a	US$13b
Mar 31 2019	n/a	n/a	US$14b
Dec 31 2018	US$2m	US$345k	US$14b

Compensation vs Market: Jakob's total compensation ($USD6.07M) is about average for companies of similar size in the Swiss market ($USD4.94M).

Compensation vs Earnings: Jakob's compensation has been consistent with company performance over the past year.

CEO

Jakob Stausholm (56 yo)

3.6yrs

Tenure

US$6,074,000

Compensation

Mr. Jakob Stausholm, MS Economics, serves as Executive Director at Rio Tinto, Rio Tinto Group (formerly known as THE RTZ CORPORATION PLC), Rio Tinto plc. since September 3, 2018. He serves as Chief Executi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jakob Stausholm	CEO & Executive Director	3.6yrs	US$6.07m	0.010% $ 9.2m
Peter Cunningham	CFO & Director	3.6yrs	US$2.77m	0.0044% $ 4.0m
Alfredo Barrios	Chair of China	10.2yrs	US$3.43m	0.0028% $ 2.5m
Bold Baatar	Chief Executive of Copper	7.7yrs	US$3.63m	0.0063% $ 5.7m
Simon Trott	Chief Executive of Iron Ore	6.6yrs	US$3.40m	0.010% $ 9.2m
Sinead Kaufman	Chief Executive of Minerals	3.4yrs	US$2.46m	0.0050% $ 4.6m
Jerome Pecresse	Chief Executive of Aluminium	less than a year	US$1.58m	0.00031% $ 281.3k
Mark Davies	Chief Technical Officer	3.6yrs	US$1.60m	no data
Nigel Steward	Head of Grp Tech Processing	no data	no data	no data
Menno Gerard Sanderse	Head of Investor Relations	no data	no data	no data
Isabelle Deschamps	Chief Legal	2.8yrs	no data	no data
James Martin	Chief People Officer	3.3yrs	no data	no data

3.6yrs

Average Tenure

56yo

Average Age

Experienced Management: RIOP's management team is considered experienced (3.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jakob Stausholm	CEO & Executive Director	5.9yrs	US$6.07m	0.010% $ 9.2m
Peter Cunningham	CFO & Director	3.2yrs	US$2.77m	0.0044% $ 4.0m
William Samuel Laidlaw	Senior Independent Non-Executive Director	7.5yrs	US$313.00k	0.00046% $ 417.5k
Simon Peter Henry	Independent Non-Executive Director	7.3yrs	US$224.00k	0.00012% $ 108.9k
Jennifer Nason	Independent Non-Executive Director	4.4yrs	US$208.00k	0.00011% $ 99.8k
James O'Rourke	Independent Non-Executive Director	less than a year	US$23.00k	no data
Susan Lloyd-Hurwitz	Independent Non-Executive Director	1.2yrs	US$126.00k	0.000090% $ 81.7k
Dean Valle	Independent Non-Executive Director	1.2yrs	US$125.00k	0.000010% $ 9.1k
Ngaire Woods	Independent Non-Executive Director	3.9yrs	US$226.00k	0.000090% $ 81.7k
Kaisa Hietala	Independent Non-Executive Director	1.4yrs	US$181.00k	0.000060% $ 54.5k
Dominic Barton	Chairman of the Board	2.3yrs	US$938.00k	0.00073% $ 662.5k
Benjamin Wyatt	Independent Non-Executive Director	2.9yrs	US$230.00k	0.000020% $ 18.2k

3.0yrs

Average Tenure

61.5yo

Average Age

Experienced Board: RIOP's board of directors are considered experienced (3 years average tenure).

Rio Tinto Group Management

Management criteria checks 4/4

Key information

Recent management updates

Rio Tinto Announces Chief Executive Changes

Rio Tinto Group Appoints Sharon Thorne as Director

Chair of China recently sold CHF3.9m worth of stock

Rio Tinto Group Announces Executive Changes

Chief Executive of Iron Ore recently sold CHF1.1m worth of stock

Rio Tinto Group Announces Resignation of Simon Mckeon as A Non-Executive Director, Effective 2 May 2024

Recent updates

New major risk - Revenue and earnings growth

First half dividend of US$1.77 announced

First half 2024 earnings released: EPS: US$3.58 (vs US$3.16 in 1H 2023)

Rio Tinto Announces Interim Dividend for the Half Year Ended 30 June 2024, Payable on 26 September 2024

Rio Tinto Announces Chief Executive Changes

Rio Tinto Group Appoints Sharon Thorne as Director

An undisclosed buyer acquired an unknown minority stake in Rio Tinto Group (LSE:RIO) from The Monks Investment Trust PLC (LSE:MNKS), managed by Baillie Gifford & Co Ltd. for £20 million.

Chair of China recently sold CHF3.9m worth of stock

Palliser Capital Urges Rio Tinto to Scrap its Primary London Stock Market Listing

Rio Tinto Group Announces Executive Changes

Norway's Ethics Adviser Mulls Selling Stake in Rio Tinto

Upcoming dividend of UK£2.04 per share

Chief Executive of Iron Ore recently sold CHF1.1m worth of stock

Final dividend of UK£2.04 announced

Full year 2023 earnings released: EPS: US$8.04 (vs US$9.92 in FY 2022)

Rio Tinto Group Announces Resignation of Simon Mckeon as A Non-Executive Director, Effective 2 May 2024

Rio Tinto Group, Annual General Meeting, May 02, 2024

Rio Tinto Group Provides Production Guidance for the Year 2024

Rio Tinto Announces Board Appointments

Rio Tinto Group Announces Resignation of Megan Clark as Non-Executive Director

Rio Tinto Group (LSE:RIO) completed the acquisition of 50% stake in Matalco Inc. from The Giampaolo Group of Companies.

Rio Tinto Group, Annual General Meeting, Apr 04, 2024

Rio Tinto Announces Settlement with Securities and Exchange Commission

Rio Tinto Appoints Chief Operating Officer to Diavik Diamond Mine

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age