U.S. Markets close in 4 hrs 37 mins

Anglo American appoints AngloGold CEO Cutifani as new CEO

Anglo American (AAUKY) announces the appointment of Mark Cutifani as CEO, with effect from April 3. Mark Cutifani has been CEO of AngloGold Ashanti Limited (AU), the South Africa-based gold producer, since 2007. Anglo American’s current CEO, Cynthia Carroll, will step down from the Board at the Ccompany’s Annual General Meeting in April and will leave Anglo American at the end of that month.