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MarketScreener Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

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HomeAll newsMost read newsBusiness Leaders Biography
Portrait de Mark Cutifani
Age : 59
Public asset : 6,309,014 USD
Country of residence : Unknown
Linked companies : Total SA - Anglo American plc - Anglo American Platinum Ltd

Summary 
Mr. Mark Cutifani is Chief Executive Officer at Anglo American South Africa Ltd., Chairman at De Beers SA, Member-Mining & Metals Steering Board at World Economic Forum and President at South African Chamber of Mines.

He is on the Board of Directors at Total SA, Anglo American Platinum Ltd. and Anglo American Plc. Mr. Cutifani was previously employed as Chief Executive Officer & Executive Director by AngloGold Ashanti Ltd., Chief Executive Officer by Anglogold Ashanti (Ghana) Ltd., Chief Operating Officer by Vale Ltd. (Canada), Chief Operating Officer by Inco Ltd., a Managing Director by Sons of Gwalia Ltd., a Managing Director by Normandy Mining Ltd., Operations Manager by The Nickel (Colorado), Group Manager-Project Management by WMC Ltd., General Manager-Coal Division by Savage Resources Ltd., General Manager-Operations by Kalgoorlie Consolidated Gold Mines Pty Ltd., and Chief Executive Officer by CRA Ltd.

He received his undergraduate degree from the University of Wollongong.


Current positions of Mark Cutifani 
NameTitle Since
Total SA
(Integrated Oil & Gas)
Independent Director 2017
Anglo American plc
(Integrated Mining)
Chief Executive Officer & Executive Director 2013
Anglo American Platinum Ltd
(Precious Metals & Minerals)
Non-Executive Director 2013
Anglo American South Africa Ltd. Chairman & Chief Executive Officer 2015
De Beers SA Chairman -
South African Chamber of Mines President -
Forum Mondial de L'Economie Member-Mining & Metals Steering Board -


Holdings of Mark Cutifani 
NameEquities%Valuation
Anglo American plc314,8690.022%6,309,014 USD


Mark Cutifani : Personal Network 


Biography of Mark Cutifani 
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Mark Cutifani (born 2 May 1958) is an Australian businessman and the current chief executive of diversified mining group, Anglo American plc. He was formerly CEO of South African gold mining company [Ashanti], a position he held from October 2007 until March 2013.

Early life and education
Cutifani was born and grew up in Wollongong, Australia. After leaving high school in 1976, he joined Coal Cliff colliery and enrolled in the University of Wollongong to complete a degree in Mining Engineering. He graduated in 1982, top of his class.

Career

Early career

After working for Coal Cliff, he joined Kalgoorlie Gold Mines, the Western Mining Corporation, Normandy Mining and Sons of Gwalia. The Sons of Gwalia company entered administration 16-month later, in August 2004, following a financial collapse, with debts exceeding $800 million after suffering from falling gold reserves and hedging losses.

AngloGold Ashanti

In 2007, Cutifani left Inco Limited, where he held the position of chief operating officer. On 17 September 2007, he joined [Ashanti], as a director of the company and was appointed CEO on 1 October that year.

Shortly after joining [Ashanti], Cutifani introduced a campaign called "Safety is our first value". Research into the 2007 fatalities at the company had shown that 70% of the fatalities were caused by sub-standard operations or actions. Cutifani aimed to reduce the number of fatalities by changing the company's culture and improving communication, citing legacy issues from the past as a main cause for the fatalities. During his tenure, the fatality rate was reduced by 50%.

He was one of the critics of the new Australian Mining Super Tax, which was announced in 2010, stating that it could delay or endanger the company's Tropicana Gold Mine project.

Anglo American
In January 2013 it was announced that Cutifani would become the new chief executive of Anglo American plc, starting his new role on 3 April 2013, replacing Cynthia Carroll.

Appointments
Cutifani is currently the Chair of the International Council on Mining and Metals, having been the Chairman of South Africa’s Chamber of Mines between 2012 and 2013 He is also a member of the International Advisory Committee for the Kellogg Innovation Network, a member of the Mining & Metals Steering Board and Governor of the Mining and Metals Industry Programme for the World Economic Forum. Cutifani is also a member of the Advisory Board for the Vale Columbia Centre on Sustainable International Investment and on the Board of Advisors for the Graduate School of Business at the University of Cape Town.

Recognition
In December 2013, Cutifani was awarded an honorary doctorate from the University of Wollongong.

Private life
Cutifani has seven children from two marriages.



Source @ Wikipedia



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Mark Cutifani : Connections 
Institute of Chartered Accountants in England & Wales
De Beers Société Anonyme
UA Lowell Institute For Mineral Resources
D B Investments Pty Ltd.
Molycorp Minerals LLC
Governance Institute of Australia Ltd.
Australian Institute of Co. Directors
Lions Eye Institute
Anglo American Marketing Ltd.
Drexel University
John Muir Health Foundation


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