| Wed 13 Mar 2002, 0:00 | | Anglo American Plc - Board Changes |
|
ANGLO AMERICAN PLC
JSE Code: AGL
ISIN Code: GB0004901517
Anglo American plc - board changes
Anglo American plc ("Anglo American") announces that G ran Lindahl, a non-
executive director, has today informed the board of directors that he has
decided to step down as Deputy Chairman and Chairman-elect of Anglo
American. Mr Lindahl will remain as a non-executive director of Anglo
American.
Julian Ogilvie Thompson, who was due to retire from the board of Anglo
American on May 10 2002 following the Annual General Meeting, has been
invited, and agreed, to continue as non-executive Chairman until a successor
is appointed. The process of identifying a successor has been set in
motion.
Julian Ogilvie Thompson commented: 'G ran Lindahl has kept me and Sir David
Scholey, our senior independent non-executive director, informed of
developments throughout the ABB controversy. He indicated at an early stage,
that if there were any risk of the Company becoming associated with negative
perceptions, he would not wish to assume the Chairmanship of Anglo American.
We were pleased that our due diligence confirmed that no blame for any
irregularity falls to G ran Lindahl in this matter. Accordingly, whilst
accepting his judgement, the Board is delighted that he will continue to
make his expertise and knowledge available as a non-executive director.
G ran Lindahl commented: 'I have taken the decision not to allow my name to go
forward for the Chairmanship of Anglo American with great regret
However, I am determined that the Company should not become distracted by
becoming involved in matters connected with my former employment. I feel
that the outstanding team at Anglo American, whom I have got to know over
the last six months, deserve better than that. I am glad, however, that I
shall play a role in the future direction of the Company, as a member of the
Board.'
12 March 2002
Enquiries to:
London Johannesburg
Edward Bickham 020 7698 8547 Anne Dunn +27 11 638 4730
Kate Aindow 020 7698 8619
Note to Editors:
Anglo American plc is one of the world's largest mining and natural resource
groups. With its subsidiaries, joint ventures and associates, it is a global
leader in gold, platinum group metals and diamonds, with significant
interests in coal, base and ferrous metals, industrial minerals and forest
products. The group is geographically diverse, with operations in Africa,
Europe, South and North American and Australia.
Date: 13/03/2002 07:58:56 AM Produced by the JSE SENS Department
