10th Feb 2017 08:05
LONDON (Alliance News) - Rio Tinto PLC on Friday said it has appointed the former chief executives of Sasol Ltd and Centrica PLC, and Royal Dutch Shell PLC's CFO Simon Henry to its board as non-executive directors.
The FTSE 100-listed multi-commodity miner said David Constable, the former chief of integrated energy and chemical company Sasol, and Sam Laidlaw, energy firm Centrica's former CEO, were appointed to the board with immediate effect.
Oil and gas firm Shell's outgoing finance chief Henry, meanwhile, will join the board with effect from July 1. Henry will leave Shell effective from March 9 after more than three decades with the business and seven years in charge of finances for one of the world's largest companies.
Two of Rio Tinto's current non-executive directors, Robert Brown and Anne Lauvergeon, will step down at the group's annual general meeting on May 4.
Rio Tinto said the new directors "broaden the experience of the board", citing their expertise in resources and international matters.
Shares in Rio Tinto were up 2.9% at 3,481.00 pence on Friday morning.
By Hannah Boland; [email protected]; @Hannaheboland
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