LONDON - South32 (OTC:SOUHY) Limited (ASX / LSE / JSE: S32; ADR: SOUHY), the globally diversified mining and metals company, announced the appointment of Stephen Pearce and Mandla Msimang as independent Non-Executive Directors to its Board, effective from February 1, 2025. Both Pearce and Msimang will seek election by shareholders at the company's 2025 Annual General Meeting.
Stephen Pearce brings over two decades of directorship experience and is currently serving on the board of BAE Systems (LON:BAES) plc. His executive roles include nearly seven years as Group Chief Financial Officer and Executive Director at Anglo American (JO:AGLJ) plc and a prior stint as Group Chief Financial Officer at Fortescue Metals Group (OTC:FSUGY).
Mandla Msimang is the CEO of Nozala Women Investments, a private equity firm focused on the minerals, energy, and various service sectors. She also holds Non-Executive Director positions at Telkom (JO:TKGJ) SA Limited and Exxaro Resources Limited, contributing her expertise in regulatory affairs, public policy, and information technology across Africa and the Middle East.
Karen Wood, South32 Chair, expressed confidence that the new appointees would enhance the Board's expertise in line with the company's strategic goals, particularly in transforming its portfolio towards commodities essential for a low-carbon future.
The appointments are part of South32's Board succession planning, aiming to maintain a robust set of skills and experience to support the company's strategic direction. South32's operations span across Australia, Southern Africa, and South America, with a focus on producing commodities such as bauxite, alumina, aluminum, and other metals critical to sustainable development.
This announcement is based on a press release statement issued by South32 Limited.
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