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Vol 50 No 14

Published 10th July 2009

South Africa

Anglo American's CEO fights back

Anglo CEO Cynthia Carroll has called for 'a major overhaul' and 'cultural transformation' of senior management. Those managers are striking back, along with members of the board. Her only open supporter is the Chairman, Sir Mark Moody-Stuart, who recruited Carroll and seems to have delayed his retirement to protect her. However, on 10 July, Anglo announced that the National Grid's Sir John Parker would be taking over as Chairman on 1 August.

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