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HomeBreadcrumbCalendarsBreadcrumbInternational AffairsBreadcrumbAppointments and Retirements

Anglo American chief Cynthia Carroll steps down

January - March 2013
United Kingdom

Published: 26 Oct 2012 | By Maria Micudova and 2 others | Last updated: 11 Dec 2012
   
Anglo American chief Cynthia Carroll steps down -
Cynthia Carroll
wikipedia-World Economi...
American businesswoman Cynthia Carroll steps down from the position of chief executive of Anglo American PLC, a British mining company which is the world's largest platinum producer.

The announcement of the move came on October 26, 2012, following complaints from the group's shareholders about a sharp drop in profits. 


The chief executive have been under increasing pressure from investors not only over the company's share price but also deteriorating industrial relations at its operations in South Africa caused by numerous miners strikes. 



Carroll, the first woman and the first non-South African to be appointed in the role of the company's chief executive, reportedly made the decision to leave alone, despite the difficulty in taking the step. 


"Next year I will be entering my seventh year as chief executive and I feel that the time will be right to hand over to a successor who can build further on the strong foundations we have created," Carroll commented on the move." I am extremely proud of everything we have achieved during my period," she added. 


Carroll's departure will leave just two women running the biggest UK-listed companies, including Angela Ahrendts at Burberry and Alison Cooper of Imperial Tobacco.

Source
bbc.co.uk www.bbc.co.uk
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About this event
Created by Maria MicudovaCreated by Maria Micudova
on Fri 26 Oct 2012
Modified by Yafit LazarLast modified by Yafit Lazar
on Tue 11 Dec 2012
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Location: United Kingdom
Expected date: January - March 2013
Planning: confirmed
Ended: 78 days ago

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