Queries
South Africa
Tel:
Mobile
E-mail:
Steve Lenahan
+27 (0) 11 637 6248
+27 (0) 83 308 2200
slenahan@AngloGoldAshanti.com
Alan Fine
+27 (0) 11 637 6383
+27 (0) 83 250 0757
afine@AngloGoldAshanti.com
Shelagh Blackman
+27 (0) 11 637 6379
+27 (0) 83 308 2471
skblackman@AngloGoldAshanti.com
Ghana
John Owusu
+233 (21) 778 168
+233 (24) 322 026
john.owusu@ashantigold.com
USA
Charles Carter
Toll Free 800 417 9255
+ 1 212 750 7999
cecarter@AngloGoldAshanti.com
Australia
Andrea Maxey
+ 61 8 9425 4604
+ 61 438 001 393
amaxey@AngloGoldAshanti.com
Disclaimer
Except for historical information contained herein, there are matters discussed in this news release that are forward-looking statements. Such statements are only
predictions and actual events or results may differ materially. For discussion of important factors including, but not limited to development of the Company’s business the
economic outlook in the gold mining industry, expectations regarding gold prices and production, and other factors, which could cause actual results to differ materially
from such forward-looking statements, refer to the Company’s annual report on the Form 20-F for the year ended 31 December 2003 which is filed with the Securities and
Exchange Commission on 19 March 2004.
AGA33.05
17 March 2005
Management changes at AngloGold Ashanti
After each serving more than 30 years with the AngloGold Ashanti, Anglo American and De Beers
companies, including the last ten on the AngloGold Ashanti Executive Committee, Chief Operating Officer
Dave Hodgson and Chief Financial Officer Jonathan Best have indicated their wish to retire during 2005.
Jonathan Best will retire at the end of July 2005. The Board, on the recommendation of the Nominations
Committee, will appoint Srinivasan Venkatakrishnan (Venkat) as Chief Financial Officer from 1 August 2005.
It will also appoint Venkat to the Board from that date as an Executive Director. Venkat served as CFO of
Ashanti Goldfields for four years, playing a key role in the financial restructuring of that company. Since May
last year he has served as the deputy CFO.
Dave Hodgson will retire at the end of April 2005. In view of the company’s size, with 21 operations in ten
countries on four continents, the Board believes that it is necessary to appoint two Chief Operating Officers
in his place. Neville Nicolau and Roberto Carvalho Silva are currently Deputy COOs for operations in Africa
and those in the Americas and Australia respectively. They will be appointed Chief Operating Officers with
these geographically-defined responsibilities and join the Board as Executive Directors from 1 May 2005. Mr
Nicolau and Mr Carvalho Silva will report to the company President, Sam Jonah.
Bobby Godsell, CEO, commented: “Dave and Jonathan have made an invaluable contribution to this
company over the last ten years. I am delighted that they have agreed to remain consultants to the company
for at least their first year of retirement. In Venkat, Neville and Roberto we are fortunate to have three
experienced executives to assume these key positions.”
ends
ends