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Rio Tinto CEO Walsh to retire, copper and coal chief to lead company

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Rio Tinto said Chief Executive Sam Walsh will retire July 1, 2016, and will be succeeded by the global miner's copper and coal division head Jean-Sébastien Jacques.

[LONDON] Rio Tinto said Chief Executive Sam Walsh will retire July 1, 2016, and will be succeeded by the global miner's copper and coal division head Jean-Sébastien Jacques.

"To ensure a smooth transition, Jean-Sébastien, will join the board and become deputy chief executive with immediate effect," the company said in a statement.

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