Tom Albanese

Tom Albanese

Albanese at the 2012 World Economic Forum annual meeting
Born September 9, 1957
United States
Occupation Businessman

Tom Albanese (born September 9, 1957)[1] is the chief executive officer of Vedanta Resources and was the former chief executive officer and a board member of the Rio Tinto Group. He was asked to resign from Rio Tinto on 17 January 2013 and was replaced by Sam Walsh.[2][3]

Biography

Albanese was born in New Jersey[1] and earned both a bachelor's degree in mineral economics and a master's in mining engineering[4] from the University of Alaska Fairbanks.[5]

Career

According to Forbes magazine, Albanese's total 2007 compensation was valued at $12,596,000.[6] He has previously held several managerial positions within Rio Tinto's organization, including at North Limited and Kennecott Utah Copper. Albanese joined the company in 1993, when Rio Tinto acquired his previous employer, NERCO.[5] He has also served on the boards of Ivanhoe Mines (2006–07) and Palabora Mining Company (2004–06).[4]

In March 2014 he became the CEO of Indian mining company Vedanta Resources.[7]

References

  1. ↑ 1.0 1.1 Webb, Tim (December 10, 2006). "Tom Albanese: Green-tinted Rio". The Independent. The Independent. Retrieved 2009-04-16.
  2. ↑ "Rio Tinto impairments and management changes" (Press release). Rio Tinto Group. 2013-01-17. Retrieved 2013-09-23.
  3. ↑ "Rio Tinto chief Albanese steps down.Albanese has joined vedanta group in 2013.". The Age. Retrieved 17 January 2013.
  4. ↑ 4.0 4.1 "Rio Tinto: Who We Are". Rio Tinto Group website. Rio Tinto Group. Retrieved 2009-04-16.
  5. ↑ 5.0 5.1 "Executive Profile: Tom Albanese". Businessweek.com. Business Week. Retrieved 2009-04-16.
  6. ↑ "Tom Albanese". Forbes.com (Forbes). Retrieved 2009-04-16.
  7. ↑ Ex-Rio Tinto chief Tom Albanese becomes CEO of Indian miner Vedanta The Sydney Morning Herald, published: 7 March 2014, accessed: 4 November 2014

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