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Rio announces new senior management

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Rio Tinto has announced Greg Lilleyman is the new group executive Technology & Innovation.

It comes on the back of Preston Chiaro announcing his impending retirement, with plans to leave the company at the end of March next year.

Lilleyman will officially step into the role on 1 January 2014.

Chiaro has been with Rio since 1991, when he joined as vice president, technical services at Rio's Bingham Canyon mine.

Since then he has held a number of different roles, including general manager of Boron Operations in California, chief executive of Borax, and chief executive of the combined energy and minerals product groups, before he was appointed in to his current role in 2009.

Rio CEO Sam Walsh stated that "under Preston’s leadership, our industry-leading T&I group has developed and delivered numerous innovations, including the growth of our ground-breaking Mine of the Future programme, which have created sustainable value for our shareholders by ensuring Rio Tinto has a competitive advantage in the way we operate.

"I would like to thank Preston for his skilful leadership of the T&I Group and his wider contribution to Rio Tinto and the Executive Committee over a number of years."

Earlier this month Chiaro launched a newRio Tinto Centre for Emergent Technology, in a partnership with the University of Nottingham.

Lilleyman, Chiaro's replacement, previously worked under the iron ore division with Walsh, and was president of the Pilbara operations.

Walsh stated: "I'm delighted Greg will be joining my Executive Committee and I know from having worked with Greg for a number of years that he will make a valuable contribution to my senior team.

"His task will be to ensure that Rio Tinto remains at the forefront of developing and deploying sector leading technologies that change the way we look at mineral deposits, make our operations safer, help us manage costs and respond to environmental imperatives. A task I’m sure he will relish."

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