Skip to main content

Anglo American: Sir John Parker to step down

Published by , Digital Assistant Editor
World Coal,


Anglo American plc has announces that Sir John Parker has informed the Nomination Committee of the Board of Anglo American of his intention to step down, after serving eight years as Chairman, during the course of 2017.

Sir John Parker, Chairman of Anglo American, commented: "Having seen Anglo American emerge in a strong position from the mining industry downturn, with its sharp falls in commodity prices between 2014 and 2016, I believe that the time is now right for the Board to seek my successor during the course of 2017. The company, with its much restored balance sheet and a world class Board and management team, led by our Chief Executive Mark Cutifani, is well placed for the future.

"Chairing Anglo American has been an enormous privilege and it has also appealed to my close interest in engineering, technology and corporate turnarounds. The ability of companies to adapt, innovate and think creatively about the role they can play in society is a key ingredient of long-term competitive advantage. These are qualities at the heart of Anglo American's DNA."

Sir Philip Hampton, Anglo American's Senior Independent Director, will now lead a process to identify candidates with appropriate global listed company boardroom experience.

Read the article online at: https://www.worldcoal.com/mining/14022017/anglo-american-sir-john-parker-to-step-down/

You might also like

EMI

Electrification in Mining virtual conference

Join us on 16 April 2024 for Global Mining Review's first Electrification in Mining event is an interactive virtual conference, focusing on electrification as the future of sustainable mining and exploring the innovative approaches and technologies being developed to facilitate its implementation.

Register for FREE »

 
 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

US coal news