Anglo American Appoints Fortescue's Stephen Pearce as CFO
23 9월 2016 - 4:04PM
Dow Jones News
By Alex MacDonald
LONDON-- Anglo American PLC said Friday it has appointed Stephen
Pearce as chief financial officer and executive board member after
René Médori announced in April his decision to retire next
year.
Mr. Pearce has been CFO of one Australia-based Fortescue Metals
Group Ltd, one of the world's largest iron ore producers, since
2010. He played a major role in steering Fortescue through a period
of major investment and strong growth.
In more recent times, he has worked through the challenges of
the sharp decrease in iron ore prices via rapid cost improvement
and significant debt reduction.
Mr. Pearce will join Anglo American on January and take over the
CFO and board positions on April 24, 2017 to enable a smooth
transition between CFOs and the completion of the 2016 reporting
process.
Write to Alex MacDonald at alex.macdonald@wsj.com
(END) Dow Jones Newswires
September 23, 2016 02:49 ET (06:49 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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