Anglo American executives to lead Anglo Teck after Teck merger
(Alliance News) - Anglo American PLC will occupy the top executive posts at Anglo Teck PLC upon completion of Anglo's merger with Teck Resources Ltd.
The executive leadership team is unveiled after Anglo and Teck in September last year agreed to combine their respective businesses in what they bill as a "merger of equals" to form Anglo Teck.
Anglo still expects the merger to be concluded between September this year to March next year.
The London-based diversified miner said on Thursday its Chief Executive Officer Duncan Wanblad will keep the same role at the merged entity Anglo Teck.
Anglo Chair Nolitha Fakude will continue to serve the same capacity at Anglo Teck.
Jonathan Price, the CEO of Teck, will assume the role of deputy CEO & chief strategy officer.
Anglo Chief Financial Officer John Heasley will retail the ame position at Anglo teck, while Ruben Fernandes will become the chief operating officer. Fernandes is COO of Anglo.
Also from Anglo's ranks, Alison Atkinson will be chief technical officer and CEO of Crop Nutrients for Anglo Teck, while Matt Walker will serve as CEO of Marketing unit for the merged entity.
From Teck, Ian Anderson will fill the role of chief people officer of Anglo Teck, Lyndon Arnall will be chief legal & sustainability officer and Karla Mills will be chief projects officer.
Shares in Anglo American were up 3.9% to ZAR831.09 on Thursday afternoon in Johannesburg. They were up 5.4% to 3,798.00 pence in London.
By Artwell Dlamini, Alliance News senior reporter South Africa
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