CEO Walsh Begins Tough Calls to Bring Rio Tinto (ASX: RIO) Back to Black

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Mining giant Rio Tinto ( RIO ) continues to reap the negative impact of the bad business decisions made by outgoing Chief Executive Tom Albanese, who was forced to resign over losses suffered by the company. On Thursday, Rio reported $3 billion losses for 2012.

It was the first loss for the world's second-largest miner, making the job of Mr Albanense's successor, Sam Walsh, more challenging.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Commodities

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