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Dick Evans, chief executive of Rio Tinto Alcan, has given notice of his intention to retire and step down from the boards of Rio Tinto on April 20, 2009, at the conclusion of the Rio Tinto annual general meetings (AGMs). Jacynthe Côté, currently president and chief executive officer of Primary Metal for Rio Tinto Alcan, will take over as chief executive of Rio Tinto Alcan and will join Rio Tinto’s executive committee. To ensure a smooth transition, Evans will transfer executive responsibilities to Côté on February 1, 2009.
Côté joined Alcan in 1988 and has significant operational and international experience in the aluminum industry. As president and chief executive officer, Primary Metal, Rio Tinto Alcan, she is responsible for all primary metal facilities and power generation installations worldwide. Her previous roles in Alcan include president and chief executive officer of the Bauxite and Alumina business group, as well as senior management roles in business planning; human resources; and environment, health and safety. Côté holds a bachelor’s degree in chemistry from Laval University in Quebec.
In addition, Rio Tinto recently announced that Jim Leng will be appointed chairman of the boards, effective after the conclusion of the annual general meeting of Rio Tinto Limited on April 20, 2009. He has joined the boards as chairman designate and a non-executive director. Rio Tinto’s current chairman, Paul Skinner, has notified the boards of his preference to retire from the boards at the conclusion of the AGM on April 20, 2009.
Leng is currently deputy chairman of Tata Steel Ltd in India, a position he has held since Corus Group was acquired by Tata Steel in 2007. He is also chairman of Tata Steel Europe, a position he has held since 2003. Leng’s previous roles include chief executive of Laporte plc and chief executive of Low and Bonar plc.
“I am absolutely delighted to be joining Rio Tinto and taking up the chairmanship,” said Leng. “Rio Tinto has a superb set of assets and strong prospects. I look forward to working closely with Chief Executive Tom Albanese and his team as we steer the company through the challenges of the current economic climate and beyond.”
According to Skinner, “After the termination of the BHP Billiton preconditional offers for the Group and the identification of a well-qualified successor, now is a good time for me to announce my decision to stand down at the AGMs this year. Rio Tinto is an exciting and challenging company to lead, and I am very pleased that we have found someone of Jim’s caliber to take over from me as chairman.”
Visit www.riotinto.com for more information.