To view the PDF file, sign up for a MySharenet subscription.

ANGLO AMERICAN PLC - Anglo American announces senior management changes

Release Date: 12/11/2015 10:00
Code(s): AGL     PDF:  
Wrap Text
Anglo American announces senior management changes

Anglo American plc
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name JSE: Anglo
Share code JSE: AGL
Short name NSX: Anglo-AMRC NM
Share code NSX: ANM
ISIN number: GB00B1XZS820
(the "Company")


Anglo American announces senior management changes

Anglo American plc (“Anglo American” or “the Group”) announces a number of senior
management changes to enable dedicated focus on both the Group’s Marketing business and
the evolution of the strategy. Anglo American also announces the decision by Paulo Castellari
to step down from his position as CEO of Anglo American’s iron ore business in Brazil to
pursue other opportunities.

Peter Whitcutt has been appointed as CEO of Anglo American’s Marketing business, having
served as Group Director – Strategy, Business Development and Marketing since 2013. Peter
Whitcutt will focus on delivering the full potential of the Marketing business which has delivered
considerable commercial benefits to date that reflect product qualities and logistics tailored to
customers’ specific requirements.

Bruce Cleaver has been appointed Group Director – Strategy and Business Development,
having served as Executive Head of Strategy and Corporate Affairs for De Beers, joining De
Beers in 2005. Bruce Cleaver’s mandate includes the ongoing analysis of global economic and
commodity specific trends to inform the Group's strategy in a more volatile market environment.
Bruce Cleaver will continue to serve on the board of De Beers, as a non-executive director.

Gareth Mostyn, currently Chief Financial Officer of De Beers, is appointed as Executive Head
of Strategy and Corporate Affairs for De Beers. The appointments detailed above are effective
1 January 2016, although Gareth Mostyn will fulfil his year-end reporting commitments as CFO.
The appointment of a new Chief Financial Officer of De Beers will be made in due course.

Mark Cutifani, Chief Executive of Anglo American, said: “The full potential of our Marketing
business is clear and is ever more important to realise. Peter Whitcutt’s leadership in identifying
that potential based on long-term and mutually beneficial customer relationships and the quality
of our product offering has proven the need for his efforts to now be focused entirely on this
work. We welcome Bruce Cleaver to his new role as Group Director of Strategy and Business
Development and look forward to the benefit of his experience from De Beers as we continue to
flex our strategic thinking. We also congratulate Gareth Mostyn on his new role at De Beers.”

“In our Brazilian iron ore business, Paulo Castellari led the Minas-Rio project through its most
critical stages over the last 3½ years, ensuring that the operation was delivered safely and
within its revised timeline and budget. Minas-Rio is now progressing through its 18-month
ramp-up phase and I understand Paulo’s decision to move on to other opportunities at this
stage. Paulo has agreed to stay with the business until the end of the year and we wish him
well for the future.”




Anglo American plc
20 Carlton House Terrace London SW1Y 5AN United Kingdom
Tel: +44 (0)20 7968 8888 Fax: +44 (0)20 7968 8500
Registered office as above. Incorporated in England and Wales under the Companies Act 1985. Registered Number 3564138
Notes to editors:

Anglo American – Group Management Committee:

Mark Cutifani              Chief Executive
René Médori                Finance Director
Tony O’Neill               Technical Director
Bruce Cleaver              Group Director – Strategy and Business Development
Tony Filmer                Group Director – Human Resources (interim)
Anik Michaud               Group Director – Corporate Relations
Paulo Castellari           CEO – Iron Ore Brazil (until end 2015)
Seamus French              CEO – Coal
Chris Griffith             CEO – Platinum
Norman Mbazima             CEO – Kumba Iron Ore
Philippe Mellier           CEO – De Beers
Duncan Wanblad             CEO – Base Metals
Peter Whitcutt             CEO - Marketing


For further information, please contact:

Media                                                    Investors
UK                                                       UK
James Wyatt-Tilby                                        Paul Galloway
Tel: +44 (0)20 7968 8759                                 Tel: +44 (0)20 7968 8718

South Africa                                             Edward Kite
Pranill Ramchander                                       Tel: +44 (0)20 7968 2178
Tel: +27 (0)11 638 2592
                                                         Caroline Crampton
Shamiela Letsoalo                                        Tel: + 44 (0)20 7968 2192
Tel: +27 (0)11 638 3112


12 November 2015

Sponsor: UBS South Africa (Pty) Ltd


Anglo American is a global and diversified mining business that provides the raw materials
essential for economic development and modern life. 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 – from bulk commodities
and base metals to precious metals and diamonds (through De Beers) – to our customers
around the world. Our diversified portfolio of products spans the economic development cycle
and, as a responsible miner, we are the custodians of precious resources. We work together
with our key partners and stakeholders to unlock the long-term value that those resources
represent for our shareholders, but also for the communities and countries in which we operate
– creating sustainable value and making a real difference. Our mining operations, growth
projects and exploration and marketing activities extend across southern Africa, South America,
Australia, North America, Asia and Europe.

www.angloamerican.com

Date: 12/11/2015 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story