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 3.83 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 CHF9.77M. The average tenure of the management team and the board of directors is 3.8 years and 3.3 years respectively.
Key information
Jakob Stausholm
Chief executive officer
US$6.1m
Total compensation
| CEO salary percentage | 25.11% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.01% |
| Management average tenure | 3.8yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| 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 ($USD4.68M).
Compensation vs Earnings: Jakob's compensation has been consistent with company performance over the past year.
CEO
Jakob Stausholm (56 yo)
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 |
|---|---|---|---|---|
| CEO & Executive Director | 3.8yrs | US$6.07m | 0.010% CHF 9.8m | |
| CFO & Director | 3.8yrs | US$2.77m | 0.0044% CHF 4.2m | |
| Chair of China | 10.4yrs | US$3.43m | 0.0028% CHF 2.7m | |
| Chief Commercial Officer | 7.9yrs | US$3.63m | 0.0063% CHF 6.0m | |
| Chief Executive of Iron Ore | 6.8yrs | US$3.40m | 0.0067% CHF 6.4m | |
| Chief Executive of Minerals | 3.7yrs | US$2.46m | 0.0051% CHF 4.9m | |
| Chief Executive of Aluminium | 1.1yrs | US$1.58m | 0.00031% CHF 298.9k | |
| Chief Technical Officer | 3.8yrs | US$1.60m | no data | |
| Head of Grp Tech Processing | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Legal | 3.1yrs | no data | no data | |
| Chief People Officer | 3.6yrs | no data | no data |
Experienced Management: RIOP's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 6.2yrs | US$6.07m | 0.010% CHF 9.8m | |
| CFO & Director | 3.4yrs | US$2.77m | 0.0044% CHF 4.2m | |
| Senior Independent Non-Executive Director | 7.8yrs | US$313.00k | 0.00046% CHF 443.5k | |
| Independent Non-Executive Director | 7.6yrs | US$224.00k | 0.00014% CHF 135.0k | |
| Independent Non-Executive Director | 4.7yrs | US$208.00k | 0.00011% CHF 106.0k | |
| Independent Non-Executive Director | 1.1yrs | US$23.00k | no data | |
| Independent Non-Executive Director | 1.4yrs | US$126.00k | 0.000090% CHF 86.8k | |
| Independent Non-Executive Director | 1.4yrs | US$125.00k | 0.000040% CHF 38.6k | |
| Independent Non-Executive Director | 4.2yrs | US$226.00k | 0.000090% CHF 86.8k | |
| Independent Non-Executive Director | 1.7yrs | US$181.00k | 0.000060% CHF 57.8k | |
| Chairman of the Board | 2.6yrs | US$938.00k | 0.00073% CHF 703.8k | |
| Independent Non-Executive Director | 3.2yrs | US$230.00k | 0.000020% CHF 19.3k |
Experienced Board: RIOP's board of directors are considered experienced (3.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/09 03:53 |
| End of Day Share Price | 2024/08/12 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Rio Tinto Group is covered by 53 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Coleman | Argus Research Company |
| Robert Jackson | Banco Santander |
| "Amos Fletcher | Barclays |