Anglo American has appointed Mark Cutifani CEO, effective April 3, 2013. He has been CEO of AngloGold Ashanti since 2007 and has led the successful restructuring and development of its business, which includes operations in 10 countries on four continents. Prior to his current role, Cutifani was the COO of CVRD Inco, the Canadian nickel company. He started his career in the coal and gold mining industries in Australia and has experience across a wide range of commodities. He has a degree in Mining Engineering and is the current president of the South African Chamber of Mines.
Commenting on Cutifani’s appointment, Anglo American’s Chairman, Sir John Parker, said: “Mark Cutifani is an experienced listed company chief executive with a focus on creating value. He is a seasoned miner, with broad experience of mining operations and projects across a wide range of commodities and geographies, including South Africa and the Americas. Mark is a highly respected leader in the global mining industry, with values strongly aligned to those of Anglo American. We look forward to welcoming him as our chief executive.”
“Anglo American has some of the highest quality mining operations and projects among its diversified peer group, bound together within a company with a deep sense of responsibility,” Cutifani siad. “I am delighted to have the opportunity to lead Anglo American at this important stage in its journey, to unlock the company’s very considerable value potential.”
Anglo American’s current CEO Cynthia Carroll will step down from the board at the company’s annual general meeting in April 2013 and will leave Anglo American at the end of that month.