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    BHP   AU000000BHP4

BHP GROUP LIMITED

(BHP)
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Delayed Australian Stock Exchange  -  10:58:45 2023-03-21 pm EDT
43.56 AUD   +0.06%
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Rio Tinto appoints directors with mining, renewable energy experience

03/16/2023 | 04:21am EDT
Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto

(Reuters) - Rio Tinto has appointed two non-executive directors, the miner said on Thursday, in response to its chairman's call for more members with experience in mining and renewable energy on the company's board.

Dean Dalla Valle and Susan Lloyd-Hurwitz, the latest appointments, will join Rio's board on June 1, the miner said.

Valle was previously chief commercial officer of BHP Group. and CEO of Australian rail freight operator, Pacific National.

Earlier this month, he was appointed as chair of hydrogen electrolyser technology company, Hysata.

Lloyd-Hurwitz served as the chief executive officer and managing director of ASX-listed property firm Mirvac Group for a decade before stepping down recently.

Most of the directors on Rio's board are experienced in finance, capital markets, law and oil and gas.

Chairman Dominic Barton said last October that Rio needed more members with mining and renewable energy experience and with a more diverse geographical background.

"Dean and Susan will deepen the board's capabilities and experience in key areas we had identified that needed strengthening," Barton said in a statement.

(Reporting by Harish Sridharan in Bengaluru; Editing by Saumyadeb Chakrabarty and Savio D'Souza)


© Reuters 2023
Stocks mentioned in the article
ChangeLast1st jan.
BHP GROUP LIMITED 0.05% 43.555 Delayed Quote.-5.85%
BRENT OIL -0.59% 74.64 Delayed Quote.-14.83%
MIRVAC GROUP -1.90% 2.07 Delayed Quote.-0.94%
RIO TINTO GROUP 0.28% 115.44 Delayed Quote.-2.08%
RIO TINTO PLC -0.37% 5340 Delayed Quote.-7.90%
WTI -0.51% 69.04 Delayed Quote.-16.45%
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Financials (USD)
Sales 2023 54 727 M - -
Net income 2023 14 982 M - -
Net Debt 2023 4 546 M - -
P/E ratio 2023 9,72x
Yield 2023 7,14%
Capitalization 147 B 147 B -
EV / Sales 2023 2,76x
EV / Sales 2024 2,80x
Nbr of Employees 45 295
Free-Float 96,8%
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Mean consensus HOLD
Number of Analysts 17
Last Close Price 28,97 $
Average target price 31,35 $
Spread / Average Target 8,21%
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Managers and Directors
Mike Henry CEO & Non-Independent Executive Director
David Mark Lamont Chief Financial Officer
John Kenneth Norman MacKenzie Chairman
Laura Tyler Chief Technical Officer
Edgar Basto Chief Operating Officer
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