Entire Annual Report - Anglo American Platinum

Chairman’s Statement" (continued)Chairman’s Statementas Divisional Director for Project Breakthrough. He served effectively in thiscapacity until his retirement. Mike Smith was transferred from AngloAmerican’s head office to Anglo Platinum in 1997, at which time he wasappointed an Alternate Director and Divisional Director: Mines responsiblefor PPRust and Lebowa Platinum Mines. On behalf of the Board I wish toextend to both of them our sincere appreciation for their hard work andcontribution to the prosperity of the Group. We wish them a long andhappy retirement.The appointment of Barry Davison, the Chief Executive Officer of AngloPlatinum, to the Executive Committee of Anglo American plc in December2000 and his increasing involvement with the Chamber of Mines, hasnecessitated the appointment of a Chief Operating Officer for Anglo Platinum.Dorian Emmett, the Executive Director: Commercial, has been appointedChief Operating Officer with effect from 1 March 2001. Dorian will alsocontinue to perform the function of Executive Director: Commercial until anew incumbent is appointed.In addition, the magnitude of the expansions being undertaken by theGroup warrants the appointment of an Executive Director: Projects whoseresponsibility will be to plan and implement all aspects of these expansions.In terms of the revised structure at executive level, the Executive Directors:Operations, Projects and Human Resources will report to the Chief OperatingOfficer who in turn will report to Barry Davison, the Chief Executive Officer.The appointment of an Executive Director: Projects and an Executive Director:Commercial to replace Dorian, will be announced when these appointmentshave been finalised.I will be retiring as a Director of Anglo American plc in the near future.Accordingly, it is my intention to stand down as Chairman of Anglo Platinumat the conclusion of the forthcoming Annual General Meeting, at whichtime it is proposed that the Board will appoint Barry Davison as ExecutiveChairman in my place. I will, however, retain my seat on the AngloPlatinum Board as a Non-Executive Director.In conclusion, I have pleasure in extending to Barry and his team our thanksfor their significant contribution to the Group’s results for the 2000 year.L BoydCHAIRMANJohannesburg9 March 200120