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 3.25 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 $12.73M. The average tenure of the management team and the board of directors is 3.3 years and 3.2 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 | 3.2yrs |
Recent management updates
Recent updates
Rio Tinto Group: The Pullback In Iron Ore Prices Creates A Buying Opportunity
Apr 11Rio Tinto: We're Looking For An Exit Due To China Concerns
Mar 25Rio Tinto: Improved Conditions Can Augur Well (Rating Upgrade)
Mar 11Rio Tinto: Solid Buy With Simandou Upside To Priced In
Feb 17The Simandou Project: Rio Tinto's Bet On Green Steel
Feb 06Rio Tinto: Iron And Copper Prices Likely To Crash In 2024 As China Stimulus Fails (Rating Downgrade)
Jan 05Rio Tinto: A Better Buying Opportunity Is Coming (Rating Downgrade)
Dec 04Rio Tinto: The Commodities Market Is Back In Action
Nov 21Rio Tinto: Is Madagascar The Next Big Move
Oct 31Rio Tinto: Iron Ore's Glory Days Are Likely Behind Us
Oct 02Rio Tinto's ESG Performance Matters To Their Shareholders
Sep 15Rio Tinto: Strong Fundamental Drivers And Technical Indicators Cement Bullish Case
Aug 31Rio Tinto: Iron Ore Keeps Dominating Earnings
Aug 25CEO 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 below average for companies of similar size in the US market ($USD13.53M).
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% $ 12.7m | |
| CFO & Director | 3.3yrs | US$2.77m | 0.0042% $ 4.9m | |
| Chief Commercial Officer | 9.8yrs | US$3.43m | 0.0081% $ 9.3m | |
| Chief Executive of Copper | 7.3yrs | US$3.63m | 0.0063% $ 7.2m | |
| Chief Executive of Iron Ore | 6.3yrs | US$3.40m | 0.0067% $ 7.7m | |
| Chief Executive of Aluminium | less than a year | US$1.58m | 0.00031% $ 358.1k | |
| 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 | 2.5yrs | no data | no data | |
| Chief People Officer | 3yrs | no data | no data | |
| Chief Executive of Australia | 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 | 5.6yrs | US$6.07m | 0.011% $ 12.7m | |
| CFO & Director | 2.8yrs | US$2.77m | 0.0042% $ 4.9m | |
| Senior Independent Non-Executive Director | 7.2yrs | US$313.00k | 0.00046% $ 531.3k | |
| Independent Non-Executive Director | 7yrs | US$206.00k | 0.00012% $ 138.6k | |
| Independent Non-Executive Director | 5.3yrs | US$309.00k | 0.00062% $ 716.1k | |
| Independent Non-Executive Director | 4.1yrs | US$208.00k | 0.00011% $ 127.1k | |
| Independent Non-Executive Director | less than a year | US$126.00k | 0.000090% $ 104.0k | |
| Independent Non-Executive Director | less than a year | US$125.00k | 0.000010% $ 11.6k | |
| Independent Non-Executive Director | 3.6yrs | US$226.00k | 0.000090% $ 104.0k | |
| Independent Non-Executive Director | 1.1yrs | no data | 0.000060% $ 69.3k | |
| Chairman of the Board | 2yrs | US$938.00k | 0.00073% $ 843.2k | |
| Independent Non-Executive Director | 2.6yrs | US$230.00k | 0.000020% $ 23.1k |
3.2yrs
Average Tenure
60.5yo
Average Age
Experienced Board: RIO's board of directors are considered experienced (3.2 years average tenure).