Chambers to be next Anglo chairperson

ANGLO American has appointed British businessman, Stuart Chambers, as its next chairperson to succeed Sir John Parker later this year.

Parker announced in February his intention to step down during the course of the year after serving eight years as chairperson. Chambers was chairperson of ARM Holdings and of Rexam until 2016. In recent years, Chambers has served as a non-executive director on the boards of Smiths Group and Tesco, among others, following an executive career at Nippon Sheet Glass, Mars Corporation and Shell, where he began his career as a chemical engineer.

He will join the Anglo American board as a non-executive director and chairperson designate on September 1 and will become chairperson on November 1. Parker lauded Chambers’ experience and achievements as an executive. “Chambers’ breadth of global executive experience, in addition to chairing two FTSE100 companies and serving on the board of several other international companies across the industrial, logistics and consumer sectors over the last 15 years, stands him in excellent stead.” Chambers said he was honoured to be appointed chairperson of a multi-national resource group as iconic as Anglo American, in this its centenary year. “Anglo American has emerged from the commodity price downturn more resilient and with a renewed sense of purpose, both strategically and in terms of the role it plays in society,” Chambers said.

“I am looking forward to working with the board and the executive team led by Mark Cutifani to ensure that Anglo American continues to go from strength to strength.” Anglo American chief executive, Cutifani, said he was looking forward to working with Chambers. Cutifani also thanked Parker for chairing the miner “through challenging times with his trademark even hand”.