Anglo Platinum announces appointment of CEO
06 May, 2003
Anglo American plc (“Anglo American”) wishes to draw attention to an announcement made by Anglo Platinum regarding the appointment of a new Chief Executive Officer attached hereto.
Anglo Platinum is pleased to announce that Ralph Havenstein, currently Managing Director Sasol Chemical Industries and an Executive Director of Sasol Limited, will join the board of Anglo Platinum as its Chief Executive Officer on 01 July 2003.
Ralph (47) holds a degree in Chemical Engineering and has, during a career spanning 24 years occupied many managerial positions within Sasol. He is currently head of its Chemical Division which he has built together with his team from small beginnings to a business with a turnover of R42 billion employing 11 500 people.
Barry Davison, currently Chairman and Chief Executive Officer (CEO) will relinquish the CEO position on 01 July 2003 and will continue as non-executive Chairman of the Board. Dorian Emmett, the Chief Operating Officer, will continue in that role. All other executive directors of Anglo Platinum will remain in place, so providing Ralph with an extremely competent and experienced team of executives to deal with the challenges of the enormous expansion programme being undertaken by the Company.
The splitting of the roles of Chairman and Chief Executive will ensure that Anglo Platinum is compliant with King II.
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