Tom Albanese (born ) was the former chief executive officer of the 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 January 17, 2013 and was replaced by Sam Walsh.[
][
] Albanese to stepped down as Vedanta CEO in August 2017.
Biography
Albanese was born in
New Jersey and earned both a bachelor's degree in mineral economics and a master's in mining engineering
from the University of Alaska Fairbanks.
Career
According to
Forbes magazine, Albanese's total 2007 compensation was valued at $12,596,000.
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.
He has also served on the boards of
Ivanhoe Mines (2006–07) and
Palabora (2004–06).
In March 2014 he became the CEO of London-based mining company Vedanta Resources.[ Ex-Rio Tinto chief Tom Albanese becomes CEO of Indian miner Vedanta The Sydney Morning Herald, published: March 7, 2014. Retrieved November 4, 2014]