SHANGHAI Cynthia Carroll
has resigned as chief executive officer of Anglo American Plc
after more than five years in the role, the company said
The board accepted the
resignation, and Carroll will remain in her post until a
successor is appointed, the London-based company said.
Carroll, one of the most
high-profile women in the mining sector, gave no specific
reason for her choice.
"It was a very difficult
decision to leave, but next year I will be entering my seventh
year as chief executive and I feel that the time will be right
to hand over to a successor who can build further on the strong
foundations we have created," Carroll said in a statement.
Carrolls tenure has been
marred in the last year by budget overruns at Anglos
Minas Rio iron ore project in Brazil and a protracted legal
tussle with Santiago, Chile-based Corporación Nacional
del Cobre de Chile (Codelco) over the ownership of a copper
amm.com, Aug. 23).
Carroll has also been leading
the company through a difficult period in South Africa, where
violent strikes have disrupted Johannesburg-based Anglo
American Platinum Ltd.
A version of this article was first published by AMM
sister publication Metal Bulletin.