Board changes at Exxaro

Following the previous announcement on 4 March 2016, the has announced that the actions Mr WA (Wim) de Klerk had to complete, prior to his separation from the company, have either been completed or have progressed to a stage of finalisation and hence the board has agreed to a termination date of 30 June 2016, instead of the previously communicated date of 31 August 2016.

The board has thanked Wim for his dedicated service and commitment during his tenure and wishes him well for the future.

Mr PA (Riaan) Koppeschaar will be succeeding Wim, effective as of July 2016. The board has congratulated Riaan on his appointment and looks forward to his contribution as a Director.

In addition, the Board is further pleased to announce that Mr Peet Snyders has been appointed as an independent non-executive Director of the company, also with effect from 1 July 2016.

Peet has 30 years of experience in the mining industry, including employment at Sasol Coal, Amcoal, Iscor Mining, Kumba Coal, Anglo Platinum, Riversdale Holdings, Continental Coal, Keaton Energy, Sable Mining Africa, Mmakau Mining and most recently Submex Investment. He also has over 10 years of board experience within the industry.

Exxaro’s board has welcomed Peet to the team and indicated that it looks forward to his contribution.

Mr Jeff van Rooyen, an independent non-executive Director of the Company and member of the company’s Audit Committee, has also been appointed as a member of the company’s Remuneration and Nomination Committee with effect from 1 July 2016.

Edited from press release by Harleigh Hobbs

Read the article online at: https://www.worldcoal.com/mining/10062016/board-changes-at-exxaro-940/