Rio Tinto logo

RIO - Rio Tinto News Story

5663p -92.0  -1.6%

Last Trade - 09/04/21

Sector
Basic Materials
Size
Large Cap
Market Cap £91.68bn
Enterprise Value £95.65bn
Revenue £32.54bn
Position in Universe 14th / 1817

BRIEF-Turquoise Hill Chief Executive Officer To Step Down

Thu 4th March, 2021 1:16pm
March 4 (Reuters) - Turquoise Hill Resources Ltd  TRQ.TO :
    * TURQUOISE HILL ANNOUNCES MANAGEMENT CHANGE
    * TURQUOISE HILL RESOURCES LTD - ULF QUELLMANN HAS RESIGNED
AS
COMPANY'S CHIEF EXECUTIVE OFFICER EFFECTIVE MARCH 3, 2021
    * TURQUOISE HILL RESOURCES - BOARD, QUELLMANN AGREED IT
WOULD NOT
BE IN BEST INTERESTS OF COMPANY FOR QUELLMANN TO CONTINUE AS CEO
    * TURQUOISE HILL - RIO TINTO'S VIEW WAS THAT NEW LEADERSHIP
AT
TURQUOISE HILL WAS NECESSARY TO ADVANCE WORK ON MATTERS OF
MUTUAL INTEREST
    * TURQUOISE HILL RESOURCES- RIO TINTO ADVISED IT WOULD NOT
VOTE IN
FAVOUR OF QUELLMANN'S ELECTION AS DIRECTOR AT CO'S UPCOMING
ANNUAL, GENERAL MEETING
    * TURQUOISE HILL RESOURCES LTD - BOARD, ON RECOMMENDATION OF
SPECIAL COMMITTEE, HAS APPOINTED STEEVE THIBEAULT AS INTERIM CEO

Source text for Eikon:  ID:nCNW3kzPXa 
Further company coverage:  TRQ.TO 

 ((Reuters.Briefs@thomsonreuters.com;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.