Broken Hill boy leaves Rio in good shape

Original article by Matt Chambers
The Australian – Page: 17 & 20 : 27-Sep-17

The impending retirement of Rio Tinto’s CFO Chris Lynch will leave Alf Barrios as the only member of the executive committee who was appointed before Jean-Sebastien ­Jacques became CEO in mid-2016. Rio Tinto recently advised that Lynch will step down in the next 12 months, and Lynch himself stresses that it was a personal decision to do so. Lynch, who was appointed CFO in 2013, says Rio Tinto is in "great shape", with a healthy balance sheet and cost structure. Its annual costs have been slashed by $US8.2bn since 2013.

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RIO TINTO LIMITED – ASX RIO, BHP BILLITON LIMITED – ASX BHP, TRANSURBAN GROUP LIMITED – ASX TCL, ALUMINIUM CORPORATION OF CHINA LIMITED

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