TIDMAAL
RNS Number : 0758B
Anglo American PLC
31 May 2023
31 May 2023
Anglo American re-organises senior management team to lead
next phase of value delivery
Anglo American announces a number of changes to its senior
management team and to its organisation.
Duncan Wanblad, Chief Executive of Anglo American, said: "We are
re-organising how we manage our production businesses and the
functional expertise that supports them to drive safe and
consistent operational excellence and enhanced value. We are
building on the significant progress we have made in recent years
to further improve our portfolio of world class assets and deliver
our growth potential - in service of our commitments to our
shareholders, employees and stakeholders, as a responsible producer
of future-enabling metals and minerals.
"We have been refreshing the executive team steadily over the
last 12 months and we welcome this new generation of Anglo
American's leadership. As a team, we are embarking on our next
phase of sustainable value creation."
Al Cook joined as CEO of De Beers in February, Alison Atkinson
took up her role as Projects & Development Director in May and
Monique Carter joins as People & Organisation Director. Helena
Nonka will lead a combined Strategy & Sustainability team,
reflecting our resolute commitment to sustainability in its fullest
sense as an integral part of our strategy and portfolio decisions.
Richard Price leads a combined Legal & Corporate Affairs team,
strengthening our integrated approach to our reputation across
interconnected stakeholders and our employees to support strategic
delivery and business performance.
Stephen Pearce continues to lead the Finance team across the
group but has indicated his intention to retire during this year,
having served as Finance Director since early 2017. The process to
appoint his successor is under way, with a further announcement in
due course.
Anglo American's production businesses will be consolidated into
two regions: Americas and Africa & Australia, each led by a
Regional Director to be based in Brazil and South Africa
respectively. They are accountable for safe and responsible
operations, optimising current performance, future options and
commercial value, in line with the Group's strategy, and will work
to ensure effective functional support and service delivery to
their operations in each country.
Regional Director, Americas - Ruben Fernandes
Regional Director, Africa & Australia - Themba Mkhwanazi
CEO of De Beers - Al Cook
CEO of Crop Nutrients - Tom McCulley
CEO of Marketing - Peter Whitcutt
The organisation to support both the governance and strategic
delivery of the group as a whole and the performance of the
production businesses will be as follows:
Finance Director - Stephen Pearce (due to retire in 2023)
Technical & Operations Director - Matt Daley
Projects & Development Director - Alison Atkinson
Strategy & Sustainability Director - Helena Nonka
Legal & Corporate Affairs Director - Richard Price
People & Organisation Director - Monique Carter (takes up
role on 5 June)
Duncan Wanblad added: "Several changes to the team reflect the
long service of several of our senior executives and a variety of
personal circumstances. Anik Michaud, who has been instrumental
over 15 years in shaping our brand, sustainability and thought
leadership as critical underpins to employee and stakeholder trust,
has decided the time is right for her to develop the next phase of
her career outside Anglo American. Didier Charreton has decided to
retire after almost eight years in which he has transformed our
people strategy, most notably in talent development and in creating
a more inclusive and diverse workplace for us all. We thank Anik
and Didier for their immense contributions and wish them well in
their next endeavours."
"Nolitha Fakude has led our strategic interests in South Africa
with great skill for the last four years and, before that, as a
non-executive director on our Board. I am delighted that she will
continue as Chair of our management board in South Africa and lead
a number of special projects in the national interest, while also
advising me and supporting Themba in his new regional role. We
thank her for her ongoing contribution."
Duncan Wanblad concluded: "The fundamental demand outlook for
responsibly sourced metals and minerals is ever more compelling. I
believe that we are well positioned to produce and grow into the
two major demand trends of economic decarbonisation and the needs
of a growing and urbanising global population - from homes and
electronics to food and luxuries. The changes we have announced
today create the senior team and organisational structure that I
believe will lead us to deliver our full potential."
The organisational changes set out above take effect from 1 July
2023.
The CEOs of Anglo American's businesses in Brazil (iron ore and
nickel), Chile (copper) and Peru (copper) will report via the
Regional Director, Americas. The CEOs of Anglo American's PGMs
business, Kumba Iron Ore and Australia (steelmaking coal) will
report via the Regional Director, Africa & Australia.
Notes to editors:
From 1 July 2023, Anglo American's Executive Leadership Team
will comprise:
Duncan Wanblad - Chief Executive
Stephen Pearce - Finance Director
Al Cook - CEO of De Beers
Alison Atkinson - Projects & Development Director
Helena Nonka - Strategy & Sustainability Director
Matt Daley - Technical & Operations Director
Monique Carter - People & Organisation Director
Peter Whitcutt - CEO of Marketing
Richard Price - Legal & Corporate Affairs Director
Ruben Fernandes - Regional Director, Americas
Themba Mkhwanazi - Regional Director, Africa & Australia
Tom McCulley - CEO of Crop Nutrients
Monique Carter served as executive vice president People &
Organisation for Novo Nordisk, the life science and global
healthcare company, for four years until 2023. Her global career
experience spans engineering, chemicals, manufacturing and retail.
Prior to her most recent role, Monique was Group HR Director at
GKN, following a number of senior HR roles during her career at
AkzoNobel and ICI. Monique has a BA degree in Business &
Psychology from the University of Luton, UK, and an Advanced
Diploma in Human Resource Management. She is a Chartered Member
MCIPD of the Institute of Personnel & Development, UK.
Anglo American is a leading global mining company and our
products are the essential ingredients in almost every aspect of
modern life. Our portfolio of world-class competitive operations,
with a broad range of future development options, provides many of
the future-enabling metals and minerals for a cleaner, greener,
more sustainable world and that meet the fast growing every day
demands of billions of consumers. With our people at the heart of
our business, we use innovative practices and the latest
technologies to discover new resources and to mine, process, move
and market our products to our customers - safely and
sustainably.
As a responsible producer of diamonds (through De Beers),
copper, platinum group metals, premium quality iron ore and
steelmaking coal, and nickel - with crop nutrients in development -
we are committed to being carbon neutral across our operations by
2040. More broadly, our Sustainable Mining Plan commits us to a
series of stretching goals to ensure we work towards a healthy
environment, creating thriving communities and building trust as a
corporate leader. We work together with our business partners and
diverse stakeholders to unlock enduring value from precious natural
resources for the benefit of the communities and countries in which
we operate, for society as a whole, and for our shareholders. Anglo
American is re-imagining mining to improve people's lives.
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 8718
Marcelo Esquivel Emma Waterworth
marcelo.esquivel@angloamerican.com Emma.waterworth@angloamerican.com
Tel: +44 (0)20 7968 8891 Tel: +44 (0) 20 7968
8574
Rebecca Meeson-Frizelle
Rebecca.meeson-frizelle@angloamerican.com Michelle Jarman
Tel: + 44 (0)20 7968 1374 michelle.jarman@angloamerican.com
Tel: +44 (0)20 7968 1494
South Africa
Nevashnee Naicker
nevashnee.naicker@angloamerican.com
Tel: +27 (0)11 638 3189
Sibusiso Tshabalala
sibusiso.tshabalala@angloamerican.com
Tel: +27 (0)11 638 2175
Forward-looking statements:
This document includes forward-looking statements. All
statements other than statements of historical facts included in
this document, including, without limitation, those regarding Anglo
American's financial position, business, acquisition and divestment
strategy, dividend policy, plans and objectives of management for
future operations (including development plans and objectives
relating to Anglo American's products, production forecasts and Ore
Reserve and Mineral Resource positions) and environmental, social
and corporate governance goals and aspirations, are forward-looking
statements. By their nature, such forward-looking statements
involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of
Anglo American or industry results to be materially different from
any future results, performance or achievements expressed or
implied by such forward-looking statements.
Such forward-looking statements are based on numerous
assumptions regarding Anglo American's present and future business
strategies and the environment in which Anglo American will operate
in the future. Important factors that could cause Anglo American's
actual results, performance or achievements to differ materially
from those in the forward-looking statements include, among others,
levels of actual production during any period, levels of global
demand and commodity market prices, mineral resource exploration
and development capabilities, recovery rates and other operational
capabilities, safety, health or environmental incidents, the
effects of global pandemics and outbreaks of infectious diseases,
the outcome of litigation or regulatory proceedings, the
availability of mining and processing equipment, the ability to
produce and transport products profitably, the availability of
transport infrastructure, the impact of foreign currency exchange
rates on market prices and operating costs, the availability of
sufficient credit, the effects of inflation, political uncertainty
and economic conditions in relevant areas of the world, the actions
of competitors, activities by courts, regulators and governmental
authorities such as in relation to permitting or forcing closure of
mines and ceasing of operations or maintenance of Anglo American's
assets and changes in taxation or safety, health, environmental or
other types of regulation in the countries where Anglo American
operates, conflicts over land and resource ownership rights and
such other risk factors identified in Anglo American's most recent
Annual Report. Forward-looking statements should, therefore, be
construed in light of such risk factors and undue reliance should
not be placed on forward-looking statements. These forward-looking
statements speak only as of the date of this document. Anglo
American expressly disclaims any obligation or undertaking (except
as required by applicable law, the City Code on Takeovers and
Mergers, the UK Listing Rules, the Disclosure and Transparency
Rules of the Financial Conduct Authority, the Listings Requirements
of the securities exchange of the JSE Limited in South Africa, the
SIX Swiss Exchange, the Botswana Stock Exchange and the Namibian
Stock Exchange and any other applicable regulations) to release
publicly any updates or revisions to any forward-looking statement
contained herein to reflect any change in Anglo American's
expectations with regard thereto or any change in events,
conditions or circumstances on which any such statement is
based.
Nothing in this document should be interpreted to mean that
future earnings per share of Anglo American will necessarily match
or exceed its historical published earnings per share. Certain
statistical and other information about Anglo American included in
this document is sourced from publicly available third party
sources. As such it has not been independently verified and
presents the views of those third parties, but may not necessarily
correspond to the views held by Anglo American and Anglo American
expressly disclaims any responsibility for, or liability in respect
of, such information.
Legal Entity Identifier: 549300S9XF92D1X8ME43
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May 31, 2023 03:00 ET (07:00 GMT)
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