02 December 2002
Sir Mark Moody-Stuart becomes Chairman of Anglo American plc
On 30 November, Sir Mark Moody-Stuart succeeded Julian Ogilvie Thompson as Non Executive Chairman of Anglo American plc. Sir Mark also sits on the Safety, Health and Environment and Nominations Committees of the Board.
Sir Mark, 61, is a director of The "Shell" Transport and Trading Company plc, of HSBC Holdings plc and of Accenture Ltd. He was Chairman of the Committee of Managing Directors of the Royal Dutch/Shell Group of companies from 1998 to 2001, having been appointed a managing director in 1991.
Sir Mark is a member of the UN Secretary General's Advisory Council for the Global Compact, an initiative which promotes business action in support of human and labour rights and the environment. He was co-Chair of the G8 Task Force on Renewable Energy in 2000 and 2001 and was chairman of Business Action for Sustainable Development, a joint initiative of the International Chamber of Commerce and the World Business Council for Sustainable Development, set up to ensure that business was able to make a positive contribution to the UN World Summit on Sustainable Development in Johannesburg earlier this year.
Julian Ogilvie Thompson retires after 46 years with the Anglo American group, the last 12 years as Chairman. Mr Ogilvie Thompson took the decision to retire having achieved the objectives of listing Anglo American plc on the London Stock Exchange in 1999 and establishing it as one of the world's leading global mining and natural resource companies.
Julian Ogilvie Thompson commented: "I have found my years with Anglo American stimulating and great fun and I am retiring confident in the future of the company. Anglo American has a strong and well balanced board which I know Mark Moody-Stuart will lead with distinction. In Tony Trahar, Anglo American has a Chief Executive who is achieving great things both internally and externally. He is backed by a sound management team with a deep sense of loyalty to the company. These attributes, together with the commodity and geographic diversity of our assets, the strength of our balance sheet and the company's commitment to the welfare of the communities in which we operate should ensure success. "
Sir Mark Moody-Stuart commented "Anglo American has undergone a remarkable transformation in recent years as it has become a truly global player. Julian Ogilvie Thompson has been one of the key architects of this journey. He is a man of vision and a true leader. I am honoured to succeed him."
Notes to Editors:
Anglo American plc is one of the world's largest mining and natural resource groups. With its subsidiaries, joint ventures and associates, it is a global leader in gold, platinum group metals and diamonds, with significant interests in coal, base and ferrous metals, industrial minerals and forest products. The group is geographically diverse, with operations in Africa, Europe, South and North America and Australia. (www.angloamerican.co.uk)
The information contained in press releases, annual or interim reports, analyst presentations, and financial information should not be deemed accurate or current except as of the date of issue. Anglo American plc does not, does not intend to, and specifically disclaims any duty to, update or correct such information.
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