Jean-Sébastien Jacques
Jean-Sébastien (JS) Jacques | |
|---|---|
| Born | Jean-Sébastien Dominique Francois Jacques October 1971 (age 52) France |
| Citizenship | British[1] |
| Education | Lycée Louis-le-Grand |
| Alma mater | École Centrale Paris |
| Occupation | Businessman |
| Title | CEO, Rio Tinto Group |
| Spouse | Married |
Jean-Sébastien Dominique Francois Jacques (born October 1971) is the chief executive officer of Rio Tinto Group, succeeding Sam Walsh in July 2016 and will be serving as CEO until March 2021.[2]
He resigned “by mutual agreement” with the board following a week of international controversy over Rio Tinto's destruction of Juukan Gorge, an Australian Aboriginal sacred site which had evidence of 46,000 years of continual human occupation.[3]
Early life
Jacques was born in France[4] in October 1971.[5][6] He attended the Lycée Louis-le-Grand in Paris[7] before studying engineering at École Centrale Paris.[8]
Career
Jacques joined Rio Tinto in 2011, and became head of copper and coal businesses.[9][10] Jacques became deputy CEO in March 2016, and CEO in July 2016.[11][12]
Jacques was previously group strategy director for Tata Steel.[9]
Jacques was the chairman of the International Copper Association from 2014 to 2016.[13] He is a board member of the International Council on Mining and Metals (ICMM) since 2016.[14]
He is a member of the Global CEO Council (GCC) of the Chinese People's Association for Friendship with Foreign Countries since 2019.[15]
He is a board member of the Business Council of Australia since 2019.[16]
He is a member of the Business Council in the USA since 2020.[17]
Jacques is on the list of the 2019 annual Harvard Business Review of the world's 100 best chief executives, after a three-year tenure.[18]
As CEO, Jacques was considered responsible of the destruction of a sacred indigenous site at Juukan Gorge.[19] The site, a 46,000-year-old sacred Aboriginal site, was destroyed with explosives. In front of the commission of enquiry Jacques said that the group had three other options to develop its mine without damaging the sacred site. "The difference between the fourth option and the other three options was eight million tonnes of high-grade iron ore" (82 million euros). [20]
Under pressure from institutional investors - such as the HESTA pension fund - he was forced to resign on 11 September 2020 "by mutual agreement" with the board. The Rio Tinto Group Chairman stated that “I would like to thank J-S for his strong leadership of the Group since becoming Chief Executive in 2016. During that time, he has led the best safety performance in Rio Tinto’s history, simplified the portfolio, divested the Group’s coal assets, established a clear strategy to address climate change and generated exceptional shareholder returns. His leadership during the COVID-19 pandemic, in particular, has been exemplary".[21]
Personal life
He is married, with children.[6]
References
- ^ "BFM Rio Tinto and Foxtel change leaders - BFM". Businessfirstmagazine.com.au. 18 March 2016. Retrieved 20 March 2016.
- ^ "Notice to ASX/LSE Rio Tinto Executive Committee changes". 11 September 2020. Retrieved 13 September 2020.
- ^ "Rio Tinto CEO and senior executives resign from company after Juukan Gorge debacle". The Guardian. 11 September 2020. Retrieved 12 October 2020.
- ^ "Rio Tinto Appoints New Chief Executive". The New York Times. 18 March 2016. Retrieved 20 March 2016.
- ^ "Rio Tinto plc". Companies House. Retrieved 19 September 2016.
- ^ a b "Executive Profile | Rio Tinto Group | Jean-Sebastien (JS) Jacques | Customer Intelligence". Boardroominsiders.com. Retrieved 20 March 2016.
- ^ Saunders, James Thomson, Amanda (18 March 2016). "Rio's new boss Jean-Sebastien Jacques brings another touch of class". The Sydney Morning Herald.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ Jean-Sébastien Jacques M.Sc. "Jean-Sébastien Jacques M.Sc.: Executive Profile & Biography - Businessweek". Bloomberg.com. Retrieved 20 March 2016.
- ^ a b "Rio CEO 'Surprise' Signals Pivot From Cost-Cutting to Growth - Bloomberg Business". Bloomberg.com. Retrieved 20 March 2016.
- ^ "Rio Tinto Appoints Jean-Sebastien Jacques as CEO | Watch the video - Yahoo Finance". Finance.yahoo.com. 20 April 2011. Retrieved 20 March 2016.
- ^ "Jean-Sébastien Jacques to succeed Sam Walsh as Rio Tinto chief executive".
- ^ "Jean-Sébastien Jacques". Rio Tinto. Retrieved 1 April 2017.
- ^ "Jean-Sébastien Jacques, Chief Executive of Rio Tinto Copper, appointed Chairman of the ICA". www.businesswire.com. 24 October 2014.
- ^ "ICMM • Member companies". www.icmm.com.
- ^ "China's premier tells foreign CEOs China will commit to reform, opening up". Reuters. 20 June 2019 – via www.reuters.com.
- ^ November 2019, 20. "Statement from new Business Council President Tim Reed". Business Council of Australia.
{{cite web}}:|first=has numeric name (help)CS1 maint: numeric names: authors list (link) - ^ "The Business Council active members directory". Retrieved 19 January 2020.
- ^ "The CEO 100, 2019 Edition". 1 November 2019.
- ^ Toscano, Nick (28 August 2020). "Rio Tinto CEO's restructure blamed for ancient cave blast". The Sydney Morning Herald.
- ^ Delerba, Isabelle (10 October 2020). "La réputation dynamitée du groupe minier Rio Tinto". Le Monde.
- ^ "Notice to ASX/LSE Rio Tinto Executive Committee changes". 11 September 2020. Retrieved 13 September 2020.