Ex-Rio Tinto chief named as Vedanta CEO March 6, 2014 Tom Albanese, former chief executive officer (CEO) of miner Rio Tinto, has been named by Vedanta Resources as its new CEO. Albanese has been chairman of the India-focused mining company’s subsidiary Vedanta Resources Holdings since September of last year. He’ll succeed M.S. Mehta, who’s stepping down at the end of March. Albanese said of his [...]
Rio Tinto hikes dividend after slashing costs February 13, 2014 RIO TINTO chief executive Sam Walsh proved his mettle with the miner’s full-year results yesterday, which showed higher earnings and production, larger-than-expected cost savings and a 15 per cent dividend increase. Walsh has slashed costs and divested non-core assets at the FTSE 100 Anglo-Australian firm since he took up the role a year ago, as [...]