REG - Anglo American PLC - Anglo American streamlines leadership team

Anglo AmericanAnnouncement

18/06/2025 11:30

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RNS Number : 3717N  Anglo American PLC  18 June 2025

 18 June 2025
 Anglo American streamlines leadership team to reflect portfolio progress

Anglo American plc ("Anglo American") has streamlined its executive leadership
team to reflect substantial progress with the simplification of its portfolio,
with the demerger of Valterra Platinum completed and the sales agreed for the
steelmaking coal and nickel businesses.

 

Duncan Wanblad, CEO of Anglo American, said: "We have made rapid progress with
our portfolio simplification and we are on track to complete the strategic
re-shaping of Anglo American to focus on our world-class positions in copper,
premium iron ore and crop nutrients. Reflecting those changes, we are
consolidating our production businesses under a Chief Operating Officer, with
Ruben Fernandes appointed with effect from 1 July. Themba Mkhwanazi, currently
Regional Director - Africa and Australia, will step down at the end of June
having overseen the successful demerger of Valterra Platinum. We thank Themba
Mkhwanazi for his outstanding contribution to Anglo American over the last 11
years in which he also led our thermal coal, Kumba Iron Ore and then our Bulks
businesses as a whole. His passion as a leader to get the very best from his
teams is beyond question and we wish him well in his next endeavours."

 

In addition to the two executive directors - Duncan Wanblad (Chief Executive
Officer) and John Heasley (Chief Financial Officer), Anglo American's
executive leadership team will comprise, from 1 July 2025:

 

Chief Operating Officer - Ruben Fernandes

Chief Legal & Corporate Affairs Officer - Richard Price

Chief People & Organisation Officer - Monique Carter

Chief Projects & Development Officer - Alison Atkinson

Chief Strategy & Sustainability Officer - Helena Nonka

Chief Technical Officer - Tom McCulley

CEO, De Beers Group - Al Cook

CEO, Marketing - Matt Walker

 

As CEO of De Beers Group, Al Cook will continue to form part of the Anglo
American executive leadership team until the separation of De Beers from Anglo
American has progressed further.

 

As stated in the announcement of his appointment on 12 May 2025, Tom McCulley
also retains his responsibility for Anglo American's Crop Nutrients business.

 

Nolitha Fakude, Chair of Anglo American in South Africa, continues to report
to Duncan Wanblad in her leadership role of Anglo American's wider business
and societal interests in South Africa, including the company's support for
the country's national priorities, and as a hub for regional investment.

 

The CEOs of Anglo American's four production businesses - Brazil: Ana Sanches;
Chile: Patricio Hidalgo; Kumba Iron Ore: Mpumi Zikalala; Peru: Tony Power -
report to the Chief Operating Officer and participate in the appropriate
executive leadership team discussions to ensure that the full context of their
respective businesses is incorporated into Anglo American's decision-making.

 

 

 

For further information, please contact:

 

 Media                                                                              Investors

 UK                                                                                 UK

 James Wyatt-Tilby                                                                  Tyler Broda

 james.wyatt-tilby@angloamerican.com                                                tyler.broda@angloamerican.com
 (mailto:james.wyatt-tilby@angloamerican.com)

                                                                                  Tel: +44 (0)20 7968 1470
 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 West-Russell

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

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

 Tel: + 44 (0)20 7968 1374

                                                                                  Asanda Malimba

                                                                                  asanda.malimba@angloamerican.com
 South Africa

                                                                                  Tel: +44 (0)20 7968 8480
 Nevashnee Naicker

 nevashnee.naicker@angloamerican.com

 Tel: +27 (0)11 638 3189

 Ernest Mulibana
 ernest.mulibana@angloamerican.com (mailto:ernest.mulibana@angloamerican.com)

 Tel: +27 (0)82 263 7372

Notes:

Anglo American is a leading global mining company focused on the responsible
production of copper, premium iron ore and crop nutrients - future-enabling
products that are essential for decarbonising the global economy, improving
living standards, and food security. Our portfolio of world-class operations
and outstanding resource endowments offers value-accretive growth potential
across all three businesses, positioning us to deliver into structurally
attractive major demand growth trends.

 

Our integrated approach to sustainability and innovation drives our
decision-making across the value chain, from how we discover new resources to
how we mine, process, move and market our products to our customers - safely,
efficiently and responsibly. Our Sustainable Mining Plan commits us to a
series of stretching goals over different time horizons to ensure we
contribute to a healthy environment, create thriving communities and build
trust as a corporate leader. We work together with our business partners and
diverse stakeholders to unlock enduring value from precious natural resources
for our shareholders, for the benefit of the communities and countries in
which we operate, and for society as a whole. Anglo American is re-imagining
mining to improve people's lives.

 

Anglo American is currently implementing a number of major structural changes
to unlock the inherent value in its portfolio and thereby accelerate delivery
of its strategic priorities of Operational excellence, Portfolio
simplification, and Growth. This portfolio transformation is focusing Anglo
American on its world-class resource asset base in copper, premium iron ore
and crop nutrients - with the sale of our steelmaking coal and nickel
businesses agreed, the demerger of our PGMs business (Anglo American Platinum,
now Valterra Platinum) completed, and the separation of our iconic diamond
business (De Beers) to follow.

 

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

 

 

 

 

Group terminology

In this document, references to "Anglo American", the "Anglo American Group",
the "Group", "we", "us", and "our" are to refer to either Anglo American plc
and its subsidiaries and/or those who work for them generally, or where it is
not necessary to refer to a particular entity, entities or persons. The use of
those generic terms herein is for convenience only, and is in no way
indicative of how the Anglo American Group or any entity within it is
structured, managed or controlled. Anglo American subsidiaries, and their
management, are responsible for their own day-to-day operations, including but
not limited to securing and maintaining all relevant licences and permits,
operational adaptation and implementation of Group policies, management,
training and any applicable local grievance mechanisms. Anglo American
produces group-wide policies and procedures to ensure best uniform practices
and standardisation across the Anglo American Group but is not responsible for
the day to day implementation of such policies. Such policies and procedures
constitute prescribed minimum standards only. Group operating subsidiaries are
responsible for adapting those policies and procedures to reflect local
conditions where appropriate, and for implementation, oversight and monitoring
within their specific businesses.

 

Disclaimer

This document is for information purposes only and does not constitute, nor is
to be construed as, an offer to sell or the recommendation, solicitation,
inducement or offer to buy, subscribe for or sell shares in Anglo American or
any other securities by Anglo American or any other party. Further, it should
not be treated as giving investment, legal, accounting, regulatory, taxation
or other advice and has no regard to the specific investment or other
objectives, financial situation or particular needs of any recipient.

 

Forward-looking statements and third party information

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, prospects and projects (including
development plans and objectives relating to Anglo American's products,
production forecasts and Ore Reserve and Mineral Resource positions) and
sustainability performance related (including environmental, social and
governance) goals, ambitions, targets, visions, milestones 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
product prices, unanticipated downturns in business relationships with
customers or their purchases from Anglo American, mineral resource exploration
and project development capabilities and delivery, recovery rates and other
operational capabilities, safety, health or environmental incidents, the
effects of global pandemics and outbreaks of infectious diseases, the impact
of attacks from third parties on our information systems, natural catastrophes
or adverse geological conditions, climate change and extreme weather events,
the outcome of litigation or regulatory proceedings, the availability of
mining and processing equipment, the ability to obtain key inputs in a timely
manner, the ability to produce and transport products profitably, the
availability of necessary infrastructure (including transportation) services,
the development, efficacy and adoption of new or competing technology,
challenges in realising resource estimates or discovering new economic
mineralisation, the impact of foreign currency exchange rates on market prices
and operating costs, the availability of sufficient credit, liquidity and
counterparty risks, the effects of inflation, terrorism, war, conflict,
political or civil unrest, uncertainty, tensions and disputes and economic and
financial conditions around the world, evolving societal and stakeholder
requirements and expectations, shortages of skilled employees, unexpected
difficulties relating to acquisitions or divestitures, competitive pressures
and 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 Guidance 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
included in this document is sourced from third party sources (including, but
not limited to, externally conducted studies and trials). 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.

©Anglo American Services (UK) Ltd 2025.  (TM) and (TM) are trademarks of
Anglo American Services (UK) Ltd.

 

 

Legal Entity Identifier: 549300S9XF92D1X8ME43

 

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