Anglo American PLC AngloAmerican appoints Stuart Chambers as Chairman (3482H)
June 07 2017 - 1:01AM
UK Regulatory
TIDMAAL
RNS Number : 3482H
Anglo American PLC
07 June 2017
7 June 2017
Anglo American appoints Stuart Chambers as
Chairman
Anglo American plc ("Anglo American"), announces the appointment
of Stuart Chambers as Chairman. Mr Chambers will join the Board of
Anglo American as a non-executive director and Chairman Designate
on 1 September 2017 and will become Chairman on 1 November 2017. Mr
Chambers succeeds Sir John Parker who announced in February 2017
his intention to step down during the course of the year, after
serving eight years as Chairman. Sir John Parker will step down
from the Board on 31 October 2017.
Mr Chambers was Chairman of ARM Holdings plc and of Rexam plc
until 2016. In recent years, he has served as a non-executive
director on the boards of Smiths Group plc and Tesco plc, amongst
others, following an executive career at Nippon Sheet Glass
(formerly Pilkington), Mars Corporation and Shell, where he began
his career as a chemical engineer.
Sir John Parker, Chairman of Anglo American, said: "I am
delighted to welcome Stuart Chambers to Anglo American as my
successor as Chairman. Stuart's breadth of global executive
experience, in addition to chairing two FTSE100 companies and
serving on the board of several other international companies
across the industrial, logistics and consumer sectors over the last
15 years, stands him in excellent stead. On behalf of the Board, I
thank Sir Philip Hampton for his leadership of the process to
identify and appoint Stuart to the role and I wish Stuart and the
entire Board every success."
Stuart Chambers said: "It is a great privilege to be appointed
Chairman of a company as iconic as Anglo American, in this its
centenary year. Anglo American has emerged from the commodity price
downturn more resilient and with a renewed sense of purpose, both
strategically and in terms of the role it plays in society. I am
really looking forward to working with the Board and the executive
team led by Mark Cutifani to ensure that Anglo American continues
to go from strength to strength."
Mark Cutifani, Chief Executive of Anglo American, added: "I am
looking forward to working with Stuart as we continue our
rebuilding of Anglo American. Stuart has led and chaired major
global businesses with many parallels to our organisation, in areas
such as manufacturing process and technology led innovation. We
have materially restored Anglo American's balance sheet and
transformed the business performance over the last three years, and
our task now is to unlock the very considerable value that we can
see from our world-class asset base. Sir John Parker has chaired
Anglo American through challenging times with his trademark even
hand and focus on the critical business issues. I have valued his
guidance enormously. On behalf of all our employees around the
world and the Board, I thank Sir John for his tireless leadership
over the past eight years and wish him the very best for the
future."
Notes to editors:
Stuart Chambers, age 61, served as Chairman of ARM Holdings plc
and Rexam plc until 2016. He has served as a non-executive director
on the boards of Tesco plc (2010-15), Manchester Airport Group plc
(2010-13), Smiths Group plc (2006-2012) and Associated British
Ports Holdings plc (2002-06).
His executive career included 13 years at Pilkington plc and its
subsequent parent company Nippon Sheet Glass until 2010, in a
number of executive roles and ultimately as chief executive of both
companies. Prior to that, Stuart gained 10 years of sales and
marketing experience at Mars Corporation, following 10 years at
Shell. Stuart is a member of the UK Takeover Panel, holds a
Bachelor of Science degree in Applied Physics from University
College London and is a qualified chemical engineer.
There are no additional details to disclose under Listing Rule
9.6.13R in respect of the appointment of Stuart Chambers.
This announcement contains inside information.
Anglo American is a globally diversified mining business. Our
portfolio of world-class competitive mining operations and
undeveloped resources provides the raw materials to meet the
growing consumer-driven demands of the world's developed and
maturing economies. Our people are at the heart of our business. It
is our people who use the latest technologies to find new
resources, plan and build our mines and who mine, process and move
and market our products to our customers around the world.
As a responsible miner - of diamonds (through De Beers),
platinum and other precious metals, copper, nickel, iron ore and
coal - we are the custodians of what are precious natural
resources. We work together with our key partners and stakeholders
to unlock the long-term value that those resources represent for
our shareholders and for the communities and countries in which we
operate - creating sustainable value and making a real
difference.
www.angloamerican.com
For further information, please contact:
Media Investors
UK UK
James Wyatt-Tilby Paul Galloway
james.wyatt-tilby@angloamerican.com paul.galloway@angloamerican.com
Tel: +44 (0)20 7968 8759 Tel: +44 (0)20 7968
Marcelo Esquivel 8718
marcelo.esquivel@angloamerican.com Trevor Dyer
Tel: +44 (0)20 7968 8891 trevor.dyer@angloamerican.com
South Africa Tel: +44 (0)20 7968
Pranill Ramchander 8992
pranill.ramchander@angloamerican.com Sheena Jethwa
Tel: +27 (0)11 638 2592 sheena.jethwa@angloamerican.com
Ann Farndell Tel: +44 (0)20 7968
ann.farndell@angloamerican.com 8680
Tel: +27 (0)11 638 2786
This information is provided by RNS
The company news service from the London Stock Exchange
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