Rio Tinto Group's earnings per share (EPS) grew 24% per year over the last three years. Rio Tinto chief executive Jean-Sebastien Jacques has received a 27 per cent pay rise in 2019 for achieving high profits, safety rates and share growths at the company. Rio Tinto Names Jakob Stausholm CEO, as It Seeks to Rebuild Reputation New chief will be tasked with restoring trust with traditional owners of ⦠It achieved revenue growth of 6.5% over the last year. In a separate statement, Walsh said Rio will pay him A$6.8 million ($4.40 million) related to a portion of his long- and short-term incentive awards, plus interest. Salaries posted anonymously by Rio Tinto employees. Rio Tinto CEO Jean-Sébastien Jacques has resigned as the mining giant continues to face pressure from investors for blowing up a 46,000-year-old sacred indigenous site in ⦠Concerned about the content? Rio Tinto on the defensive over its executive salaries, lobby groups By Jon Yeomans & Ruth Williams Updated April 12, 2018 â 4.24pm first published at 9.35am Please read our Financial Services Guide before deciding whether to obtain financial services from us. Investors were expecting the mining giant would pick an external candidate. Gender pay was a key focus for Rio Tinto during 2019, with the remuneration committee constantly monitoring both equal pay and gender pay gap across the company. Learn more about the team behind Simply Wall St. Rio Tinto chief executive Jean-Sebastien Jacques has received a 27 per cent pay rise in 2019 for achieving high profits, safety rates and share growths at the company. As CEO at Rio Tinto, he is entitled to a base salary of 1.15 million pounds sterling (US$1.56 million), and an annual bonus with a target of 100% of base salary and a maximum of 200%. 15 Rio Tinto reviews. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Looking ahead, you might want to check this free visual report on analyst forecasts for the company's future earnings.. Prior to this he was chief executive officer (CEO) of London-based mining company Rio Tinto Group, from 2013 to 2016.. Jacques’ total remuneration including bonuses was £5.8 million ($11.3 million) last year, in line with the United Kingdom consumer price index (CPI). A free inside look at company reviews and salaries posted anonymously by employees. Jacques’ base salary of £1.11 million is still less than that of former BHP chief executive Andrew Mackenzie, whose base salary edged above at £1.33 million. See our latest analysis for Rio Tinto Group. The Anglo-Australian firm blasted rock shelters in the Juukan Gorge in Western Australiaâs remote Pilbara region on May 24, destroying one of the [â¦] We identified 2 warning signs for Rio Tinto Group (1 is a bit concerning!) Rio Tinto Group named finance head Jakob Stausholm as chief executive officer, tapping a relative newcomer to manage the fallout over its destruction of ⦠“(This) reflects the slightly higher short-term incentive plan (STIP) pay-out and the estimated 24 percentage increase in the long-term incentive plan (LTIP) vesting outcome for 2019 compared to 2018.”. ... Fortescue guides project development with contract awards - Australian Mining. This article by Simply Wall St is general in nature. We note that's an increase of 15% above last year. Jacques, who announced his resignation in September, will step down as CEO and executive director on January 1 and leave the company on March 31. Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com Read Next Rio Tinto Executive and Director Compensation 2011 In reading about the directors and executives for Rio Tinto ( Rio Tinto: Form 20-F ). This demonstrates that the company has been improving recently and is good news for the shareholders. Rio Tinto also increased the annual base salary for its directors by 2.11 per cent as of March. According to our data, Rio Tinto Group has a market capitalization of UK£78b, and paid its CEO total annual compensation worth US$7.1m over the year to December 2019. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. While we always look at total compensation first, our analysis shows that the salary component is less, at US$1.4m. Salaries posted anonymously by Rio Tinto employees. While we always look at total compensation first, our analysis shows that the salary component is less, at US$1.4m. According to our data, Rio Tinto Group has a market capitalization of UK£78b, and paid its CEO total annual compensation worth US$7.1m over the year to December 2019. 11, 2020, 11:44 PM (RTTNews) - Rio Tinto will pay its former chief ⦠It's nice to see revenue heading northwards, as this is consistent with healthy business conditions. J-S Jacques became the CEO of Rio Tinto Group (LON:RIO) in 2016, and we think it's a good time to look at the executive's compensation against the backdrop of overall company performance. See the full leadership team at Craft. Jacques will step down as CEO and executive director on Jan. 1 and leave the company on March 31, Rio Tinto said. Our research team consists of equity analysts with a public, market-beating track record. Simply Wall St is a financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the world. Image: Rio Tinto. CEO SALARY SURVEY | Rank Senior Executive Title Company Name Total Salary Base Salary Bonuses Shares / Options Superan-nuation Special Payouts Company ... 3 Sam Walsh Executive Director Rio Tinto $7,587,000 $1,475,000 $2,832,000 $3,280,000 $726,200,000 $60,323,000,000 list of interesting companies that have HIGH return on equity and low debt. Other executives include Jakob Stausholm, Chief Financial Officer, Director; Bold Baatar, Chief Executive, Energy & Minerals and 19 others. A free inside look at Rio Tinto salary trends based on 47 salaries wages for 37 jobs at Rio Tinto. Exploring Mining Podcast Episode 135 â Mining Stocks News From Rio Tinto, Barrick Gold, NovaGold, First Majestic Silver And Equity Metals Corp. Jan. 20, 2021 1:45 PM ET So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size. This analysis will also assess whether Rio Tinto Group pays its CEO appropriately, considering recent earnings growth and total shareholder returns. Search Rio Tinto: Search Rio Tinto: About We produce iron ore for steel, aluminium for cars and smart phones, copper for wind turbines, diamonds that set the standard for âresponsibleâ, titanium for household products and borates for crops that feed the world PromotedIf you’re looking to trade Rio Tinto Group, open an account with the lowest-cost* platform trusted by professionals, Interactive Brokers. 337927). *Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020Have feedback on this article? Be considered while examining business performance general advice only and has been improving and. 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