Published On: Fri, Sep 23rd, 2016

Pearce announced Anglo American Finance chief

Stephen Pearce as Finance Director

Stephen Pearce as Finance Director

JOHANNESBURG, (CAJ News) – ANGLO American has announced the appointment of Stephen Pearce as Finance Director.

He replaces René Médori, who resigned in April.

Pearce will join Anglo American and its Group Management Committee on January 30, 2017, prior to joining the board as an executive director and taking over as Finance Director with effect from April 2017.

Mark Cutifani, Chief Executive of Anglo American, announced the appointment.

“We are very pleased that Stephen Pearce will be joining Anglo American as Finance Director. Stephen brings proven financial and commercial experience gained across the extractive and related industries,” says Cutifani.

Cutifani believes Pearce’s strong relationships with the debt and equity capital markets have proven immensely valuable in his role at Fortescue, as has his work across complex cost and other efficiency performance programmes.

“We look forward to welcoming him to Anglo American in January 2017. We are also very grateful to René Médori for his ongoing commitment to the asset divestment and restructuring processes that he will continue to lead until his retirement at the end of 2017.”

CAJ News

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