Cynthia Carroll resigns as Anglo American CEO

Cynthia Carroll. (Adam Dean/WEF)

Cynthia Carroll. (Adam Dean/WEF)

Anglo American CEO Cynthia Carroll has resigned from the position, saying she felt it was the right time to step down.

Business Day reported on Friday Carroll would leave the major diversified miner after seven years at the helm.

"It is 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.

The paper said she will step down as the chairperson of Anglo American Platinum and De Beers when she is no longer Anglo CEO, and would remain in her position until a replacement is found.

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