Tom Albanese (born ) was the former chief executive officer of the

Vedanta Resources Vedanta Resources Limited is an Indian diversified mining company headquartered in London, United Kingdom. It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia and oil and gas oper ...

and was the former chief executive officer and a

board member A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...

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 New Jersey is a state in the Mid-Atlantic and Northeastern regions of the United States. It is bordered on the north and east by the state of New York; on the east, southeast, and south by the Atlantic Ocean; on the west by the Delaware ...

and earned both a bachelor's degree in mineral economics and a master's in mining engineering from the

University of Alaska Fairbanks The University of Alaska Fairbanks (UAF or Alaska) is a public land-grant research university in College, Alaska, a suburb of Fairbanks. It is the flagship campus of the University of Alaska system. UAF was established in 1917 and opened for c ...

Career

According to

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...

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 North Limited was a diversified mining and resources company. Although based in Australia, its operations eventually extended to six continents. By the late 20th century the company had become the fourth largest iron ore exporter in the world wi ...

and

Kennecott Utah Copper Kennecott Utah Copper LLC (KUC), a division of Rio Tinto Group, is a mining, smelting, and refining company. Its corporate headquarters are located in South Jordan, Utah. Kennecott operates the Bingham Canyon Mine, one of the largest open-pit c ...

. 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 Mining Company Palabora Mining Company Limited (founded August 1956) is a publicly traded mining company headquartered in Phalaborwa, Limpopo province, South Africa. The company operates a single cluster of open-pit and underground mines producing mainly copp ...

(2004–06). In March 2014 he became the CEO of London-based mining company

.Ex-Rio Tinto chief Tom Albanese becomes CEO of Indian miner Vedanta
''

The Sydney Morning Herald ''The Sydney Morning Herald'' (''SMH'') is a daily compact newspaper published in Sydney, New South Wales, Australia, and owned by Nine. Founded in 1831 as the ''Sydney Herald'', the ''Herald'' is the oldest continuously published newspaper ...

'', published: March 7, 2014. Retrieved November 4, 2014

References

{{DEFAULTSORT:Albanese, Tom Living people 1957 births American mining businesspeople People from New Jersey American expatriates in Australia University of Alaska Fairbanks alumni People of Rio Tinto (corporation) Australian mining entrepreneurs