The Board of Rio Tinto has announced the appointment of Simon Trott as Chief Executive, effective from August 25, 2025. Trott will succeed Jakob Stausholm in this role.
Simon Trott, who is currently the Iron Ore Chief Executive at Rio Tinto, brings over 25 years of experience across various commodities and geographies. His leadership has been marked by a focus on values-based performance culture and stakeholder partnerships. As Iron Ore Chief Executive, he improved operational performance and strengthened business relationships.
Dominic Barton, Chair of Rio Tinto, stated: “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.” Barton emphasized that the next phase for Rio Tinto involves unlocking significant shareholder value through operational performance.
Trott expressed his excitement about leading Rio Tinto: “It is a privilege to have the opportunity to lead Rio Tinto, and I am excited about our future.” He acknowledged Jakob Stausholm’s leadership during critical times for the company.
Jakob Stausholm reflected on his tenure as Chief Executive: “It has been an absolute privilege to lead Rio Tinto for nearly five years.” He highlighted the company’s growth trajectory during his leadership.
The search process for the new Chief Executive was led by Dominic Barton and included both internal and external candidates. Upon assuming his new role, Simon Trott will be on a standard executive director contract with remuneration consistent with company policy.
Jakob Stausholm will step down from his position upon Simon taking over. Matt Holcz will provide interim support in the Iron Ore division until a permanent replacement is found.
This announcement contains inside information authorized by Andy Hodges, Group Company Secretary at Rio Tinto.
For further details or inquiries regarding this transition or related matters, contact media relations representatives in respective regions or visit riotinto.com.
