| Mon 23 Mar 2009, 15:00 | | LON - Lonmin - Appointment of Roger Phillimore as Chairman |
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LON
LOLMI
LON - Lonmin - Appointment of Roger Phillimore as Chairman
Lonmin Plc (Incorporated in England and Wales)
(Registered in the Republic of South Africa
under registration number 1969/000015/10)
JSE code: LON
Issuer Code: LOLMI & ISIN: GB0031192486
("Lonmin")
Appointment of Roger Phillimore as Chairman
23 March 2009
The Board of Lonmin Plc ("Lonmin" or the "Company") announces that it has
appointed Roger Phillimore as Chairman of the Company on a permanent basis.
Roger Phillimore had assumed the role of Chairman on an interim basis
following the retirement of Sir John Craven on 29 January 2009. Roger
initially was unable to take up the post on a permanent basis, so a search
process to identify a permanent successor to Sir John was initiated in late
2008, producing a number of high quality candidates. However, Roger is now
available and the Board has concluded that his appointment is the most
appropriate, given the significant changes to the business being implemented
by Ian Farmer, Lonmin`s Chief Executive, and his management team.
Michael Hartnall, Senior Independent Director, said:
"With his detailed understanding of both Lonmin and the PGM industry, the
Board believes that Roger is the right person to lead the Board as it
implements significant changes to the business."
Roger Phillimore said
"I am very much looking forward to supporting Ian Farmer and his management
team in their efforts to improve and strengthen Lonmin`s operations, with a
renewed emphasis on delivery of targets, low cost production and cash
generation."
Notes to Editors
Roger Phillimore (59) was appointed an independent Non-executive Director in
1997. Roger is Chairman of the Nomination Committee, was previously a member
of the Remuneration Committee and has been a member of the Audit and Risk
Committee. He has significant experience of the mining sector, having
previously been a joint managing director of Minorco and is currently a Non-
executive Director of Harry Winston Diamond Corporation. Roger holds both
South African and British nationality.
Enquiries:
Investors / Analysts:
Rob Gurner Tel: +44 (0) 207 201 6050
Head of Investor Relations
Media:
Anthony Cardew / Rupert Pittman Tel: +44 (0) 207 930 0777
Cardew Group
Date: 23/03/2009 15:00:03 Produced by the JSE SENS Department.
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