Search Chum

Share Chum
RSS Chum
Translate Chum

 

Entries in cynthia carroll (1)

Monday
Oct292012

CEO of Anglo American, Pebble Mine’s biggest backer, has "resigned"

Under pressure from investors over the miner’s lagging share price, and continued dependence on troubled South Africa, Chief Executive Cynthia Carroll stepped down on Friday after more than five years in the job.

Despite cost cuts, analysts say that under Carroll, Anglo has lost one-third of its value on a U.S. dollar market capitalization basis and is now worth $25 billion less.

LINK (via: Reuters)