Global mining giant Rio Tinto
(ASX:RIO) has announced former Transurban chief executive Chris Lynch will fill the role of chief financial officer.
Mr Lynch has served as a non-executive director at Rio for more than a decade, and spent years as CFO at BHP.
Rio CEO Sam Walsh says Chris Lynch possesses a “strong pedigree of experience", to replace veteran Guy Elliott, who is retiring.
Mr Lynch will relocate to London for the role and reportedly begins on a $1.18 million salary, plus bonus and long term incentives.
Rio last reported a $2.9 billion net loss.