A razor man for Walsh's Rio

In tapping former BHP Billiton and Transurban CFO, Chris Lynch, to be his number two, Sam Walsh has an experienced cost cutter at his side for Rio Tinto's restructure.

There has been a whiff of panicky on-the-spot decision-making in Rio Tinto’s response to the unexpected and traumatic departure of Tom Albanese in January. In the end, however, it has produced a pretty good outcome.

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