Tom Albanese
Tom Albanese | |
|---|---|
| Born | September 9, 1957 New Jersey, United States |
| Occupation | Mining executive |
| Years active | 1993–2017 |
| Known for | Former CEO of Vedanta Resources and Rio Tinto Group |
Tom Albanese (born September 9, 1957) is a former chief executive officer of both Vedanta Resources and the Rio Tinto Group, where he additionally held a board membership. He departed from Rio Tinto on January 17, 2013, with Sam Walsh taking over his position. Albanese resigned from his role as Vedanta CEO in August 2017.
Biography
Originally from New Jersey, Albanese earned a bachelor's degree in mineral economics along with a master's degree in mining engineering from the University of Alaska Fairbanks.
Career
Forbes estimated Albanese’s total earnings at $12.6 million in 2007. Throughout his tenure at Rio Tinto, he occupied several leadership roles, including assignments at North Limited and Kennecott Utah Copper. His career at Rio Tinto began in 1993 after the company acquired his former employer, NERCO. Additionally, Albanese served on the boards of Ivanhoe Mines between 2006 and 2007 and Palabora Mining Company from 2004 to 2006.
In March 2014, he assumed the CEO position at the London-headquartered mining firm Vedanta Resources.