Rio Tinto Names Simon Trott as Next Chief Executive

Simon Trott, Chief Executive Designate, Rio Tinto・Photo Credit: Rio Tinto

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LONDON, July 15, 2025 (VSNewsNetwork.com) — Mining company Rio Tinto has announced the appointment of Simon Trott as Chief Executive, effective August 25, 2025. Trott will succeed Jakob Stausholm, who will step down from the role and the Board on that date.

Trott currently serves as Chief Executive of the company’s Iron Ore division. His career at Rio Tinto spans 25 years across various commodities and regions. Trott has led improvements in operational performance, strengthened external partnerships, and secured new mine developments during his tenure.

Prior to his current role, Trott served as the company’s first Chief Commercial Officer, where he established Rio Tinto’s commercial operations. He has also held several Managing Director positions across multiple geographies and business units.

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"Simon is an outstanding leader with a deep understanding of mining and a track record of delivering operational excellence and creating value across our business. Simon and the Board are aligned that Rio Tinto’s next phase is about unlocking significant value for shareholders from our portfolio, driven by operational performance, and cost and financial discipline," said Dominic Barton, Chair of Rio Tinto.

"It is a privilege to have the opportunity to lead Rio Tinto, and I am excited about our future. The progress we have made over recent years gives us a foundation to build on with discipline and focus to deliver improved performance. With our outstanding assets and people around the world, we are well positioned to grow value for shareholders and the communities who host us. I want to personally thank Jakob for his leadership and guidance; I have greatly enjoyed working with him. As we move forward at pace, I will be listening closely to our shareholders, customers, employees, communities and other stakeholders to shape our next chapter together," said Simon Trott, Chief Executive Designate, Rio Tinto.

Reflecting on his leadership, Stausholm stated: "It has been an absolute privilege to lead Rio Tinto for nearly five years, during an important chapter in its history. Working together, our brilliant people across the Group have built genuine momentum, setting out a pathway to a decade of profitable growth. As the Chief Executive of our largest business during this time Simon has been an integral part of the journey; I am certain that under his leadership the Group will continue to thrive and deliver value for its stakeholders."

Matt Holcz, Managing Director of Pilbara Mines, will provide interim support for the Iron Ore division until a permanent appointment is made.

For more information, visit www.riotinto.com.

Source: Rio Tinto