Cynthia Carroll to leave Anglo, company seeks for successor

South African mining giant Anglo American announced on Friday that chief executive Cynthia Carroll has “decided to step down as chief executive, with the board's agreement”, after five years in the seat. In a statement, the executive said, “It is a very difficult decision to leave (…) and I feel that the time will be right to hand over to a successor who can build further on the strong foundations we have created”.

Carroll said her focus remains on Anglo and will continue “to work and drive toward enhancing shareholder value” and she “will be here until a successor is identified and a smooth transition takes place”.