Rio Tinto begins search for new board directors

Friday, Mar 04, 2011
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RIO Tinto said today it has begun the search to replenish its board, including looking for an Australian, after the departure of directors including former British Airways chief executive Rod Eddington.


The mining giant said non-executive directors Mr Eddington and Yves Fortier will retire from the board after the annual shareholders meeting on May 5.


A senior independent director Andrew Gould will serve another year before retiring after the 2012 meeting, the Anglo-Australian miner said.


"I am most grateful to Yves for his tremendous support during an important transition period for Rio Tinto following the Alcan acquisition," chairman Jan du Plessis said in a statement.


"I would also like to thank Rod for his significant contribution and the Australian perspective that he has brought to the boards since 2005."


Mr Eddington was CEO of British Airways until 2005, prior to which he was managing director of Cathay Pacific Airways.

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