CME WA picks BHP iron ore boss Tim Day to take over presidency from outgoing Rio Tinto iron boss Simon Trott
Mr Day, BHP WA iron ore asset president, has taken the reins from Mr Trott — who has stepped down from the role at the mining lobby group a fortnight before he formally starts his new job as Rio Tinto's chief executive.
Mr Trott and Mr Day spent the 2025 financial year as rivals — both were in charge of the Pilbara iron ore mines that generate the majority of profit for BHP and Rio. The two mining giants are by far the two largest iron ore producers in Australia.
Hancock Prospecting chief executive Sanjiv Manchanda was also believed to be a contender.
Mr Manchanda, who has been a key lieutenant of Gina Rinehart for two decades, is currently a vice president at CME along with Northern Star Resources founder Bill Beament.
'I'm honoured to take on the role of CME President at a time of great opportunity for Western Australian resources,' Mr Day said.
'The mining and energy sectors here in WA are leading the world through operational excellence, innovation and technology. As the biggest employer in the state, we provide jobs across our operations from the Pilbara to the Goldfields, and the South West to the Kimberley. Our impact is felt around Australia and the world.
'I look forward to working with the executive council and our members to support the continued growth and global leadership of WA's resources sector.'
Mr Day has been the chief of BHP's most lucrative division since February last year. Mr Trott was appointed to the CME presidency in April last year while serving as the chief of Rio's WA iron ore division.
CME chief executive Rebecca Tomkinson, who is also London bound, welcomed Mr Day to the role.
'Tim's involvement with CME on our Advisory Board and Executive Committee has highlighted his experience and knowledge as a leader in the mining and resources sector,' Ms Tomkinson said.
'He takes on the presidency at a time of great opportunity but also challenges for the sector. It's a highly pivotal leadership role and one that's instrumental in holding policy makers to account on behalf of industry.'
Ms Tomkinson is set to leave her post at CME next month to be the State Government's new trade ambassador in the United Kingdom. She paid tribute to a fellow inbound Londoner.
'Simon is one of Australia's leading resources executives and has played a significant role shaping WA's world-leading iron ore sector,' Ms Tomkinson said.
'His vision and leadership have been invaluable assets to CME for the entire time he has served on the advisory board, and particularly during his tenure as president.'
Mr Trott was promoted to the top job at Rio in May, taking over from Danish native Jakob Stausholm.
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