Rio Tinto wants new CEO to be open to big M&A deals - report

  • Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) is reportedly nearing the appointment of a new chief executive officer, with a decision expected later this month following final candidate presentations in London. Chair Dominic Barton is prioritising candidates who are open to major merger and acquisition opportunities and focused on improving internal cost discipline, according to a Reuters report citing sources familiar with the search process.