Parker to step down as Anglo chair after eight years

Anglo American chairperson Sir John Parker intends to step down from the company’s board after eight years in the position. His departure will be effective during the year. “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 the time is now right for the board to seek my successor during 2017. The company, with its much-restored balance sheet and a world-class board and management team, led by our CEO Mark Cutifani, is well placed for the future,” said Parker.