Peter Toth Ditches his role at Rio to join Newmont Bullion major Newmont will appoint Peter Toth as executive VP of strategic development in July next year.
Toth most recently served as an executive of Rio Tinto, where he was responsible for the group’s strategy, sustainability and portfolio transformation efforts.
Prior to joining Rio Tinto, he was CEO of Australian manganese and ferro-silicon company OM Holdings.
“Peter brings a wealth of global commodity experience that will benefit Newmont as we enter our next 100 years as the world’s leading gold company. Peter’s extensive background in corporate, operational and sustainability strategy will ensure we deliver our purpose of creating value and improving lives through sustainable, responsible mining,” said Newmont president and CEO Tom Palmer.
Toth holds a Bachelor of Business degree from Monash University, a Graduate Certificate in Management from Deakin University and a Master of International Business degree from the University of Melbourne, in addition to executive development programmes at INSEAD, Stanford and Oxford University.
He and his wife will reside in the Denver area. 
EDITED BY: Creamer Media Reporter