REG - Anglo American PLC - Anglo American reorganises senior management team

Anglo AmericanAnnouncement

31/05/2023 08:00

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RNS Number : 0758B  Anglo American PLC  31 May 2023

 31 May 2023
 Anglo American re-organises senior management team to lead next phase of value
 delivery

Anglo American announces a number of changes to its senior management team and
to its organisation.

 

Duncan Wanblad, Chief Executive of Anglo American, said: "We are re-organising
how we manage our production businesses and the functional expertise that
supports them to drive safe and consistent operational excellence and enhanced
value. We are building on the significant progress we have made in recent
years to further improve our portfolio of world class assets and deliver our
growth potential - in service of our commitments to our shareholders,
employees and stakeholders, as a responsible producer of future-enabling
metals and minerals.

 

"We have been refreshing the executive team steadily over the last 12 months
and we welcome this new generation of Anglo American's leadership. As a team,
we are embarking on our next phase of sustainable value creation."

 

Al Cook joined as CEO of De Beers in February, Alison Atkinson took up her
role as Projects & Development Director in May and Monique Carter joins as
People & Organisation Director. Helena Nonka will lead a combined Strategy
& Sustainability team, reflecting our resolute commitment to
sustainability in its fullest sense as an integral part of our strategy and
portfolio decisions. Richard Price leads a combined Legal & Corporate
Affairs team, strengthening our integrated approach to our reputation across
interconnected stakeholders and our employees to support strategic delivery
and business performance.

 

Stephen Pearce continues to lead the Finance team across the group but has
indicated his intention to retire during this year, having served as Finance
Director since early 2017. The process to appoint his successor is under way,
with a further announcement in due course.

 

Anglo American's production businesses will be consolidated into two regions:
Americas and Africa & Australia, each led by a Regional Director to be
based in Brazil and South Africa respectively. They are accountable for safe
and responsible operations, optimising current performance, future options and
commercial value, in line with the Group's strategy, and will work to ensure
effective functional support and service delivery to their operations in each
country.

 

Regional Director, Americas - Ruben Fernandes

Regional Director, Africa & Australia - Themba Mkhwanazi

CEO of De Beers - Al Cook

CEO of Crop Nutrients - Tom McCulley

CEO of Marketing - Peter Whitcutt

 

The organisation to support both the governance and strategic delivery of the
group as a whole and the performance of the production businesses will be as
follows:

 

Finance Director - Stephen Pearce (due to retire in 2023)

Technical & Operations Director - Matt Daley

Projects & Development Director - Alison Atkinson

Strategy & Sustainability Director - Helena Nonka

Legal & Corporate Affairs Director - Richard Price

People & Organisation Director - Monique Carter (takes up role on 5 June)

 

Duncan Wanblad added: "Several changes to the team reflect the long service of
several of our senior executives and a variety of personal circumstances. Anik
Michaud, who has been instrumental over 15 years in shaping our brand,
sustainability and thought leadership as critical underpins to employee and
stakeholder trust, has decided the time is right for her to develop the next
phase of her career outside Anglo American. Didier Charreton has decided to
retire after almost eight years in which he has transformed our people
strategy, most notably in talent development and in creating a more inclusive
and diverse workplace for us all. We thank Anik and Didier for their immense
contributions and wish them well in their next endeavours."

 

"Nolitha Fakude has led our strategic interests in South Africa with great
skill for the last four years and, before that, as a non-executive director on
our Board. I am delighted that she will continue as Chair of our management
board in South Africa and lead a number of special projects in the national
interest, while also advising me and supporting Themba in his new regional
role. We thank her for her ongoing contribution."

 

Duncan Wanblad concluded: "The fundamental demand outlook for responsibly
sourced metals and minerals is ever more compelling. I believe that we are
well positioned to produce and grow into the two major demand trends of
economic decarbonisation and the needs of a growing and urbanising global
population - from homes and electronics to food and luxuries. The changes we
have announced today create the senior team and organisational structure that
I believe will lead us to deliver our full potential."

 

The organisational changes set out above take effect from 1 July 2023.

The CEOs of Anglo American's businesses in Brazil (iron ore and nickel), Chile
(copper) and Peru (copper) will report via the Regional Director, Americas.
The CEOs of Anglo American's PGMs business, Kumba Iron Ore and Australia
(steelmaking coal) will report via the Regional Director, Africa &
Australia.

 

 

 

Notes to editors:

 

From 1 July 2023, Anglo American's Executive Leadership Team will comprise:

 

Duncan Wanblad - Chief Executive

Stephen Pearce - Finance Director

Al Cook - CEO of De Beers

Alison Atkinson - Projects & Development Director

Helena Nonka - Strategy & Sustainability Director

Matt Daley - Technical & Operations Director

Monique Carter - People & Organisation Director

Peter Whitcutt - CEO of Marketing

Richard Price - Legal & Corporate Affairs Director

Ruben Fernandes - Regional Director, Americas

Themba Mkhwanazi - Regional Director, Africa & Australia

Tom McCulley - CEO of Crop Nutrients

 

 

Monique Carter served as executive vice president People & Organisation
for Novo Nordisk, the life science and global healthcare company, for four
years until 2023. Her global career experience spans engineering, chemicals,
manufacturing and retail. Prior to her most recent role, Monique was Group HR
Director at GKN, following a number of senior HR roles during her career at
AkzoNobel and ICI. Monique has a BA degree in Business & Psychology from
the University of Luton, UK, and an Advanced Diploma in Human Resource
Management. She is a Chartered Member MCIPD of the Institute of Personnel
& Development, UK.

 

 

Anglo American is a leading global mining company and our products are the
essential ingredients in almost every aspect of modern life. Our portfolio of
world-class competitive operations, with a broad range of future development
options, provides many of the future-enabling metals and minerals for a
cleaner, greener, more sustainable world and that meet the fast growing every
day demands of billions of consumers. With our people at the heart of our
business, we use innovative practices and the latest technologies to discover
new resources and to mine, process, move and market our products to our
customers - safely and sustainably.

 

As a responsible producer of diamonds (through De Beers), copper, platinum
group metals, premium quality iron ore and steelmaking coal, and nickel - with
crop nutrients in development - we are committed to being carbon neutral
across our operations by 2040. More broadly, our Sustainable Mining Plan
commits us to a series of stretching goals to ensure we work towards a healthy
environment, creating thriving communities and building trust as a corporate
leader. We work together with our business partners and diverse stakeholders
to unlock enduring value from precious natural resources for the benefit of
the communities and countries in which we operate, for society as a whole, and
for our shareholders. Anglo American is re-imagining mining to improve
people's lives.

 

www.angloamerican.com (http://www.angloamerican.com)

 

 

 

 

For further information, please contact:

 

 Media                                                                              Investors

 UK                                                                                 UK

 James Wyatt-Tilby                                                                  Paul Galloway

 james.wyatt-tilby@angloamerican.com                                                paul.galloway@angloamerican.com (mailto:paul.galloway@angloamerican.com)
 (mailto:james.wyatt-tilby@angloamerican.com)

                                                                                  Tel: +44 (0)20 7968 8718
 Tel: +44 (0)20 7968 8759

                                                                                  Emma Waterworth
 Marcelo Esquivel                                                                   Emma.waterworth@angloamerican.com (mailto:Emma.waterworth@angloamerican.com)

Tel: +44 (0) 20 7968 8574
 marcelo.esquivel@angloamerican.com (mailto:marcelo.esquivel@angloamerican.com)

 Tel: +44 (0)20 7968 8891

                                                                                  Michelle Jarman

                                                                                  michelle.jarman@angloamerican.com (mailto:michelle.jarman@angloamerican.com)
 Rebecca Meeson-Frizelle

 Rebecca.meeson-frizelle@angloamerican.com                                          Tel: +44 (0)20 7968 1494
 (mailto:Rebecca.meeson-frizelle@angloamerican.com)

 Tel: + 44 (0)20 7968 1374

 South Africa

 Nevashnee Naicker

 nevashnee.naicker@angloamerican.com

 Tel: +27 (0)11 638 3189

 Sibusiso Tshabalala

 sibusiso.tshabalala@angloamerican.com
 (mailto:sibusiso.tshabalala@angloamerican.com)

 Tel: +27 (0)11 638 2175

 

 

 

Forward-looking statements:

This document includes forward-looking statements. All statements other than
statements of historical facts included in this document, including, without
limitation, those regarding Anglo American's financial position, business,
acquisition and divestment strategy, dividend policy, plans and objectives of
management for future operations (including development plans and objectives
relating to Anglo American's products, production forecasts and Ore Reserve
and Mineral Resource positions) and environmental, social and corporate
governance goals and aspirations, are forward-looking statements. By their
nature, such forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of Anglo American or industry results to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements.

 

Such forward-looking statements are based on numerous assumptions regarding
Anglo American's present and future business strategies and the environment in
which Anglo American will operate in the future. Important factors that could
cause Anglo American's actual results, performance or achievements to differ
materially from those in the forward-looking statements include, among others,
levels of actual production during any period, levels of global demand and
commodity market prices, mineral resource exploration and development
capabilities, recovery rates and other operational capabilities, safety,
health or environmental incidents, the effects of global pandemics and
outbreaks of infectious diseases, the outcome of litigation or regulatory
proceedings, the availability of mining and processing equipment, the ability
to produce and transport products profitably, the availability of transport
infrastructure, the impact of foreign currency exchange rates on market prices
and operating costs, the availability of sufficient credit, the effects of
inflation, political uncertainty and economic conditions in relevant areas of
the world, the actions of competitors, activities by courts, regulators and
governmental authorities such as in relation to permitting or forcing closure
of mines and ceasing of operations or maintenance of Anglo American's assets
and changes in taxation or safety, health, environmental or other types of
regulation in the countries where Anglo American operates, conflicts over land
and resource ownership rights and such other risk factors identified in Anglo
American's most recent Annual Report. Forward-looking statements should,
therefore, be construed in light of such risk factors and undue reliance
should not be placed on forward-looking statements. These forward-looking
statements speak only as of the date of this document. Anglo American
expressly disclaims any obligation or undertaking (except as required by
applicable law, the City Code on Takeovers and Mergers, the UK Listing Rules,
the Disclosure and Transparency Rules of the Financial Conduct Authority, the
Listings Requirements of the securities exchange of the JSE Limited in South
Africa, the SIX Swiss Exchange, the Botswana Stock Exchange and the Namibian
Stock Exchange and any other applicable regulations) to release publicly any
updates or revisions to any forward-looking statement contained herein to
reflect any change in Anglo American's expectations with regard thereto or any
change in events, conditions or circumstances on which any such statement is
based.

 

Nothing in this document should be interpreted to mean that future earnings
per share of Anglo American will necessarily match or exceed its historical
published earnings per share. Certain statistical and other information about
Anglo American included in this document is sourced from publicly available
third party sources. As such it has not been independently verified and
presents the views of those third parties, but may not necessarily correspond
to the views held by Anglo American and Anglo American expressly disclaims any
responsibility for, or liability in respect of, such information.

 

Legal Entity Identifier: 549300S9XF92D1X8ME43

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