The Chairman of AngloGold Ashanti, Russell Edey, this morning announced that Bobby Godsell would be retiring from the company and the board with effect from 30th September 2007.
The board simultaneously announced the appointment of Mark Cutifani as Mr Godsell's successor. Mr Cutifani currently holds the position of Chief Operating Officer at CVRD Inco where he has responsibility for CVRD Inco's global nickel business. He will take up his new position in mid-September.
Commenting on the announcement, Russell Edey said, "The board and management of AngloGold Ashanti are very fortunate to have had the benefits of Bobby's inspiration, leadership and innovative flair for the past 12 years. I have no doubt that he will continue to make a contribution to South Africa in whatever course he chooses now to follow. We believe that Mark Cutifani is a person well-suited to meet the challenges which face AngloGold Ashanti and the gold industry at large".
Bobby Godsell said today, "It is the right time to change leaders. In Mark Cutifani, a mining engineer with a wide and impressive track record of both operating and executive experience across a range of minerals, including gold, and on several continents, we have a new leader who brings exactly the qualities and experience needed for AngloGold Ashanti's new chapter.
"For my own part, after 34 years in corporate life I am looking forward to exploring new ways of being a constructive citizen of my country."
Additionally, Mr Edey today announced that Roberto Carvalho Silva, after a long and impressive career with this company and its predecessor, spanning more than three decades, has decided to leave AngloGold Ashanti in September. The board and management wish him well in his future pursuits. Neville Nicolau will become the Chief Operating Officer of the company with responsibility for all operations. Mr Carvalho Silva will assist Mr Nicolau in the consolidation of the two operating regions, which will commence as soon as possible.
A summarized version of Mr Cutifani's résumé, for information, follows
MARK CUTIFANI
Education
University of Wollongong, Wollongong
B.E., Mining Engineering (First Class Honours)
Previous Experience
2007-date CVRD INCO
Chief Operating Officer
2003-2006 INCO Ltd.
Toronto, Ontario
2006 Chief Operating Officer
2005-2006 President, North America and Europe
2004-2005 President, Ontario Operations
2003-2004 Vice President, Mines Operations, Canada and UK
2000-2002 SONS OF GWALIA LTD
West Perth, Australia
Managing Director
1998-2000 NORMANDY MINING LTD
Adelaide, Australia
1999-2000 Group Executive, Mining and Development
1998-1999 Group Executive, Mining
1994-1997 WMC LTD
1997 Group Manager, Project Management
1994-1996 Manager, Operations - Nickel
1993-1994 SAVAGE RESOURCES LTD
General Manager, Coal
1988-1993 KALGOORLIE CONSOLIDATED GOLD MINES
1991-1993 General Manager, Operations, Gold
1990-1991 Manager, Business Analysis and Development
1989-1990 Manager, Open Cuts Operations
1988-1989 Resident Manager, KMA
1976 -1988 CRA LTD
Melbourne, Australia
1986-1988 Manager, Coal, Coalcliff
1984-1986 Deputy Manager and Operations Superintendent
1982-1984 Engineer, Planning, Coalcliff
1976- 1982 Miner/Cadet/Trainee
Personal Details
Mark, an Australian, is 49 years old. He and his wife, Luana, have four young children.
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