Parker to step down as Anglo chair after eight years
JOHANNESBURG (miningweekly.com) – Anglo American chairperson Sir John Parker intends to step down from the company’s board after eight years in the position. His departure will be effective during the year.
“Having seen Anglo American emerge in a strong position from the mining industry downturn, with its sharp falls in commodity prices between 2014 and 2016, I believe the time is now right for the board to seek my successor during 2017. The company, with its much-restored balance sheet and a world-class board and management team, led by our CEO Mark Cutifani, is well placed for the future,” said Parker.
He added that chairing the company was an “enormous privilege”, appealing to his interests in engineering, technology and corporate turnarounds.
“The ability of companies to adapt, innovate and think creatively about the role they can play in society is a key ingredient of long-term competitive advantage. These are qualities at the heart of Anglo American’s DNA,” Parker noted.
Anglo American senior independent director Sir Philip Hampton will now lead a process to identify candidates with appropriate global listed company boardroom experience.
Parker will continue to chair the board until such an appointment is effective.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation