London, England — 13 February 2013 – Mining giant Anglo American has announced the proposed appointment of Byron Grote as a non-executive director of the corporation, as well as a slight board re-shuffle.
Fin24 reports that Grote will be proposed to shareholders at Anglo’s annual general meeting on April 19. He is currently executive vice president‚ corporate business activities at BP.
It is intended that Grote will join the audit committee of the board on appointment, and that he will‚ after a period of induction‚ assume the role of chairman of that committee from David Challen‚ who has rendered outstanding service in that role since 2003.
Challen has agreed‚ given the extensive changes to the board since late 2009‚ to serve for at least another year as the senior independent non-executive director.
Peter Woicke has informed the board of his intention to retire as a non-executive director‚ also with effect from the AGM in April‚ to enable him to concentrate on his range of other commitments.
Woicke joined the board in January 2006. He is the chairman of the board safety and sustainable development committee and also serves on the nomination and remuneration committees. He will be succeeded as chairman of the board safety and sustainable development committee by Jack Thompson.
Source: Fin24. For more information, click here.