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Miningmx reports that Mark Cutifani, CEO of Anglo American, said on Wednesday that the group’s board was weighing up potential candidates to succeed him next year.
Responding to a question at the Joburg Indaba, Cutifani said he had committed to staying at the company until the commissioning of the Quellaveco copper project in Peru. “The project is on plan on budget despite losing six months to Covid-19. I expect it to commission through the first half of next year and so I made it very clear to the board that was my minimum commitment,” Cutifani indicated. He went on to say: “They have been thinking through how they would like to handle the succession given that outline and time frame. And they are working through that and I’ll sure they’ll let us know when they’ve made a decision.” On Tuesday, Anglo unveiled a number of senior management changes which was precipitated by the resignation of the group’s head of bulk commodities, Seamus French. He departs after 14 years at the group, but according to a report “is likely to have thrown his hat into the ring” to lead Anglo American. According to Sky News in August, Anglo’s head of business development and strategy, Duncan Wanblad, is set to be Anglo’s new CEO, effective from January.
- Read the full original of the report in the above regard by David McKay at Miningmx
- Read too, Mark Cutifani likely to leave Anglo once Quellaveco copper project is completed in 2022, at BusinessLive (subscriber access only)
Get other news reports at the SA Labour News home page