Anglo American PLC (OTCPK:NGLOY)
$ 16.96 -0.42 (-2.42%) Market Cap: 45.34 Bil Enterprise Value: 57.77 Bil PE Ratio: 154.18 PB Ratio: 1.83 GF Score: 77/100

Full Year 2018 Anglo American PLC Earnings Call Transcript

Feb 21, 2019 / 09:00AM GMT
Release Date Price: $13.12 (-0.83%)
Stuart John Chambers
Anglo American plc - Chairman of the Board

So good morning, ladies and gentlemen, and very warm welcome to Anglo American's 2018 results. I'm Stuart Chambers, the Chairman, and it's my pleasure to do so. Just wanted to talk about 2 things before I hand over to Mark. Firstly, board changes. So Philip Hampton retired in December of last year. So he stepped down after 9 years of fantastic service. He was our senior independent director. And that role has been passed on to Byron Grote. And secondly, Jack Thompson, he attended his last board earlier this week and will be stepping down before the AGM and therefore, won't be seeking reelection, also after nine years of fantastic service. Jack is one of our two nonexecutive directors with extensive mining experience, operationally non-technical side. That's something we're very keen to replace. We're towards the end of our process to do so and we are expecting to announce something before the AGM in terms of the replacement. Those are the board changes.

The only other subject that I want to touch on not -- and understandably, is

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