Johannesburg - Anglo American on Tuesday announced that Sir John Parker has informed the nomination committee of the board of his intention to step down during the course of this year.He served eight years as chairman.
Recognised as a highly experienced and independent executive, British businessman Parker became the chairman of the mining giant in August 2009.
Parker said chairing Anglo American had been an enormous privilege.
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“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,” Parker said.