| Wed 28 May 2008, 12:32 | | KIO - Kumba Iron Ore Limited - Executive Appointments |
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KIO
KIO
KIO - Kumba Iron Ore Limited - Executive Appointments
Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
JSE Share code: KIO
ISIN: ZAE000085346
("Kumba")
EXECUTIVE APPOINTMENTS
Kumba Iron Ore ("Kumba") announces the following changes to its senior executive
team:
Ras Myburgh, Chief Executive Officer will, as part of Kumba`s efforts to
continue to support Eskom in developing solutions to meet South Africa`s energy
needs, begin a secondment with Eskom by assuming an important responsibility of
advising the utility on its long term coal sourcing strategy and its
implementation for all of Eskom`s power stations. Ras is well positioned to
fulfil this important role given his previous experience with Eskom and as
Managing Director of Kumba Resources` coal division.
Chris Griffith is appointed Chief Executive Officer of Kumba Iron Ore. Chris
will join Kumba from Anglo Platinum, where he is currently the executive
responsible for all joint venture operations.
These changes will take effect on 1 July 2008. Ras will resign as CEO and
director and Chris will be appointed as CEO and director.
Lazarus Zim, Chairman of Kumba Iron Ore, said: "The Board greatly appreciates
Ras Myburgh`s leadership and invaluable contribution to the establishment of
Kumba Iron Ore and we wish him well with the challenges presented by addressing
South Africa`s energy needs. We welcome Chris Griffith to his new role of Chief
Executive Officer of Kumba. Chris brings a wealth of experience and an
impressive track record achieved at Anglo Platinum. We look forward to working
with him as we continue to grow the value of our company."
Ras Myburgh said, "My involvement with Eskom presents a unique and challenging
opportunity to make a difference in a matter that touches us all. I believe
that my previous experience in the Eskom Generation Division, together with my
mining experience, will enable me to make a contribution alongside coal
suppliers in working to secure the current and future power needs of South
Africa".
Chris Griffith said, "I am delighted to be joining Kumba at this exciting time
for the company and the iron ore industry. I look forward to furthering the
success and growth of Kumba as South Africa`s leading iron ore producer."
For further information please contact:
Tebello Chabana
Tel.: +27 (0)12 683 7067
+27 (0)82 920 9229
Notes to editors
Chris Griffith, age 43, has 18 years of mining experience, most recently as Head
of Operations for Anglo Platinum`s joint ventures. This role represents Anglo
Platinum`s executive management interests in operating joint ventures, including
BRPM, Modikwa, Kroondal, Marikana, Mototolo and Pandora. Prior to taking up
this position in 2005, Chris was General Manager of the BRPM (Bafokeng Rasimone
Platinum Mine) JV, an operation he led through the ramp-up to full production.
Chris began his mining career at the Amandelbult platinum mine in 1990, reaching
the position of General Manager in 2000. Chris has a mining degree from the
University of Pretoria, is married to Carolyn and enjoys road running, fly
fishing, photography and travel.
28 May 2008
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 28/05/2008 12:32:51 Produced by the JSE SENS Department.
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