David McKay
Anglo Platinum chief executive officer Barry Davison is to become executive chair of the group, it emerged in Anglo Platinum’s annual report. The board will also appoint a projects director who will focus on managing the group’s R12-billion expansion strategy.
Chair Leslie Boyd announced he would retire from the board of Anglo Platinum’s parent company, Anglo American, “in the near future”.
The board reshuffle may be a sign of things to come. In the report, the group details its employment equity plan. By 2005 designated groups will account for 23% of top
management (about six individuals) compared to the 4,2% today (a single person). Anglo Platinum says designated groups include black people, women and people with disabilities.