Rio Tinto Group Management
Management criteria checks 3/4
Rio Tinto Group's CEO is Jakob Stausholm, appointed in Jan 2021, has a tenure of 3.33 years. total yearly compensation is $6.07M, comprised of 25.1% salary and 74.9% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth £10.51M. The average tenure of the management team and the board of directors is 3.3 years and 2.8 years respectively.
Key information
Jakob Stausholm
Chief executive officer
US$6.1m
Total compensation
| CEO salary percentage | 25.1% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.01% |
| Management average tenure | 3.3yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
Earnings Working Against Rio Tinto Group's (LON:RIO) Share Price
May 09
Here's Why Shareholders May Want To Be Cautious With Increasing Rio Tinto Group's (LON:RIO) CEO Pay Packet
Apr 26Does Rio Tinto Group (LON:RIO) Have A Healthy Balance Sheet?
Apr 23Here's What To Make Of Rio Tinto Group's (LON:RIO) Decelerating Rates Of Return
Mar 10Rio Tinto Group (LON:RIO) Hasn't Managed To Accelerate Its Returns
Oct 24Estimating The Intrinsic Value Of Rio Tinto Group (LON:RIO)
Sep 21Is Rio Tinto Group (LON:RIO) A Risky Investment?
Sep 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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$11b |
| 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 UK market ($USD5.63M).
Compensation vs Earnings: Jakob's compensation has been consistent with company performance over the past year.
CEO
Jakob Stausholm (55 yo)
3.3yrs
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 |
|---|---|---|---|---|
| CEO & Executive Director | 3.3yrs | US$6.07m | 0.011% $ 10.5m | |
| CFO & Director | 3.3yrs | US$2.77m | 0.0042% $ 4.0m | |
| Chair of China | 9.9yrs | US$3.43m | 0.0081% $ 7.7m | |
| Chief Executive of Copper | 7.4yrs | US$3.63m | 0.0063% $ 6.0m | |
| Chief Executive of Iron Ore | 6.3yrs | US$3.40m | 0.0067% $ 6.4m | |
| Chief Executive of Minerals | 3.2yrs | US$2.46m | 0.0050% $ 4.8m | |
| Chief Executive of Aluminium | less than a year | US$1.58m | 0.00031% $ 295.7k | |
| Chief Technical Officer | 3.3yrs | 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 | 2.6yrs | no data | no data | |
| Chief People Officer | 3.1yrs | no data | no data |
3.3yrs
Average Tenure
55yo
Average Age
Experienced Management: RIO's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 5.7yrs | US$6.07m | 0.011% $ 10.5m | |
| CFO & Director | 2.9yrs | US$2.77m | 0.0042% $ 4.0m | |
| Senior Independent Non-Executive Director | 7.3yrs | US$313.00k | 0.00046% $ 438.8k | |
| Independent Non-Executive Director | 7.1yrs | US$224.00k | 0.00012% $ 114.5k | |
| Independent Non-Executive Director | 4.2yrs | US$208.00k | 0.00011% $ 104.9k | |
| Independent Non-Executive Director | less than a year | US$23.00k | no data | |
| Independent Non-Executive Director | less than a year | US$126.00k | 0.000090% $ 85.9k | |
| Independent Non-Executive Director | less than a year | US$125.00k | 0.000010% $ 9.5k | |
| Independent Non-Executive Director | 3.7yrs | US$226.00k | 0.000090% $ 85.9k | |
| Independent Non-Executive Director | 1.2yrs | US$181.00k | 0.000060% $ 57.2k | |
| Chairman of the Board | 2.1yrs | US$938.00k | 0.00073% $ 696.4k | |
| Independent Non-Executive Director | 2.7yrs | US$230.00k | 0.000020% $ 19.1k |
2.8yrs
Average Tenure
60.5yo
Average Age
Experienced Board: RIO's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.