| Mon 5 Jul 2010, 9:32 | | AGL - Anglo American plc - Anglo Platinum Chairman Announcement |
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AGL
ANAAL
AGL - Anglo American plc - Anglo Platinum Chairman Announcement
Anglo American plc
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name: Anglo
Share code: AGL
ISIN number: GB00B1XZS820
Anglo Platinum Chairman announcement
Anglo American plc wishes to draw attention to an announcement by Anglo Platinum
Limited ("Anglo Platinum") in relation to the appointment of Cynthia Carroll as
its Chairman. The text of that announcement is copied below:
Anglo Platinum is pleased to announce that Cynthia Carroll, Chief Executive of
Anglo American plc, has been appointed Chairman of Anglo Platinum with effect
from 1 September 2010. Cynthia Carroll`s appointment follows Fred Phaswana`s
resignation as Chairman of Anglo Platinum with effect from 31 August 2010.
The Anglo Platinum Board has unanimously supported the appointment of Cynthia
Carroll as Chairman, following her nomination by Anglo American plc. Anglo
American is the majority shareholder of Anglo Platinum and the appointment of
Cynthia Carroll as Chairman continues the approach of drawing the Anglo Platinum
Chairman from the Anglo American Board, of which Fred Phaswana was also a member
for almost seven years.
The Board has also appointed Valli Moosa as Deputy Chairman and Lead Independent
Non-executive Director and Chairman of the Governance Committee. Valli Moosa
replaces Tom Wixley who has served in that role for nine years and who will
continue in his role as an Independent Non-executive Director and Chairman of
the Remuneration Committee.
Fred Phaswana said: "Our shared views and close working relationship give me
great confidence that Cynthia will continue to work highly effectively with the
rest of the Board and will provide continuity of leadership for Anglo Platinum.
This appointment deeply affirms Anglo American`s commitment, not only to Anglo
Platinum, but to South Africa as a whole and I have no doubt that Cynthia
Carroll`s intimate knowledge of the business and understanding of the broader
landscape position her well for her new role as Chairman."
Cynthia Carroll added: "Fred has been an outstanding Chairman, we wish him well
and thank him for his huge contribution to Anglo Platinum over the last four
years. I also thank Tom for his diligence and guidance during his tenure as
Deputy Chairman and welcome Valli into his new role. I am delighted to accept
the role of Chairman of Anglo Platinum and I look forward to leading the Board
in support of the management team`s strategy that is in place to deliver maximum
value to all of Anglo Platinum`s shareholders."
Neville Nicolau, CEO of Anglo Platinum, concluded: "We are delighted to welcome
Cynthia and Valli to their new roles and I look forward to their continued
advice, support and leadership as we continue to deliver on our strategy. I have
worked closely with Cynthia since I became CEO of Anglo Platinum, during a time
when we have achieved a significant restructuring and operational turnaround of
the world`s leading platinum company. "
End of Anglo Platinum announcement.
05 July 2010
Sponsor: UBS South Africa (Pty) Ltd
Date: 05/07/2010 09:32:01 Produced by the JSE SENS Department.
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