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United States

Kumba Iron Ore Ltd (KIOJ.J)

KIOJ.J on Johannesburg Stock Exchange

17,499.00ZAc
21 Jul 2017
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Summary

Name Age Since Current Position

Fani Titi

54 2012 Non-Executive Independent Chairman of the Board

Themba Mkhwanazi

2016 Chief Executive Officer

Johan Prins

2017 Acting Chief Financial Officer

Glen Gavigan

39 2015 Acting Executive Head - Technical and Projects

Billy Mawasha

37 2015 Executive Head - Operations and Integration

Yvonne Mfolo

48 2011 Executive Head - Public Affairs

L L Alex Mgadzah

46 2011 Executive Head - Safety and sustainable development

Timo Smit

48 2012 Executive Head - Marketing and Seaborne Logistics

S Tyobeka

50 2011 Executive Head - Human Resources

Allen Morgan

68 2012 Lead Director, Non-Executive Independent Director

Nonkululeko Dlamini

2016 Non-Executive Director

Seamus French

54 2016 Non-Executive Director

Stephen Pearce

53 2017 Non-Executive Director

Terence Goodlace

57 2017 Independent Non-Executive Director

Dolly Mokgatle

59 2006 Non-Executive Independent Director

Sango Ntsaluba

56 2017 Non-Executive Independent Director

Buyelwa Sonjica

66 2012 Non-Executive Independent Director

Esha Mansingh

Manager - Investor Relations

Biographies

Name Description

Fani Titi

Mr. Fani Titi is Non-Executive Independent Chairman of the Board of the Company. He joined the Kumba board on 1 October 2012 and is a member of the Human Resources and Remuneration Committee and chairs the Nominations and Governance Committee. He is a non-executive chairman of Investec Bank Limited, and of Investec plc and Investec Limited. He was previously non-executive chairman of AECI Limited and deputy chairman of the Bidvest Group Limited.

Themba Mkhwanazi

Mr. Themba Mkhwanazi has been appointed as Chief Executive Officer of the Company. Themba has been CEO of Anglo American’s Coal South Africa business since May 2014. Prior to this, he was Rio Tinto’s Regional General Manager for the Americas and COO of Richards Bay Minerals.

Johan Prins

Mr. Johan Prins is no longer Acting Chief Financial Officer of the Company effective 1 September 2017. Johan is currently the executive head of finance and plays a critical role in providing high level guidance and support to the board and executive management team.

Glen Gavigan

Mr. Glen Mc Gavigan is Acting Executive Head - Technical and Projects of the Company. He was appointed to his current position on 1 October 2015. Glen, a geologist by training, joined Kumba in March 1998 and has over 17 years’ experience in geosciences, geotechnical engineering and hydrogeology. Before assuming his acting role he held the position of Head of geosciences.

Billy Mawasha

Mr. Billy Mawasha is a Executive Head - Operations and Integration of the Company. He joined Kumba on 1 September 2013. He was previously with AngloGold Ashanti where he held various senior positions including managing director of Iduapriem gold mine in Ghana and senior vice president of operations running all its underground mines in South Africa.

Yvonne Mfolo

Ms. Yvonne Mfolo, BA (Communications), Advanced Certificate (Journalism), is Executive Head - Public Affairs of the Company. She joined Kumba on 1 August 2011, from the Anglo American plc Group’s Thermal Coal business where she held the position of head of public affairs. Prior to this she was the chief director of communications at the then Department of Minerals and Energy, where she spent nine years and was spokesperson for the minister.

L L Alex Mgadzah

Mr. L. L. Alex Mgadzah, MSc, BSc (Hons), MBA, is Executive Head - Safety and sustainable development of the Company. He was appointed to his current position on 1 January 2011. He has more than 20 years’ extensive management experience in integrated health, safety, environmental, community and quality management within the mining, smelting, manufacturing and consulting sectors. He was vice president of sustainability and community affairs at BHP Billiton Energy Coal South Africa before joining Kumba.

Timo Smit

Mr. Timo Smit is Executive Head - Marketing and Seaborne Logistics of the Company. He joined Kumba in September 2007 and moved to Singapore in August 2012. He was previously employed by TechnoServe as country director South Africa. His academic background and industry experience adds international depth to the Kumba team. Timo is based in Singapore, close to key markets.

S Tyobeka

Ms. S. Virginia Tyobeka, BAdmin (Hons), MAP, is Executive Head - Human Resources of the Company. She was appointed to her current position on 4 January 2010. She was previously the HR director at Afrisam South Africa Limited. Virginia has extensive experience in human resources management in the manufacturing and mining industries.

Allen Morgan

Mr. Allen John Morgan, BSc, BEng (Elect), Pr Eng, is Lead Director, Non-Executive Independent Director of the Company. Allen joined the Kumba board on 9 February 2006, chairs the Remco, is a member of NomGov committee and is the lead independent director. He is also a member of the audit committee, risk committee, and social, ethics and transformation committee. He served as interim chairman of Kumba from 15 December 2010 to 30 September 2012. He served as the CEO of Eskom between 1994 and 2000 and was a non-executive director of Eskom Holdings. He was appointed a non-executive director of AECI Limited on 1 July 2010 and also holds several corporate directorships. Allen was previously the chairman of Kumba Resources Limited.

Nonkululeko Dlamini

Ms. Nonkululeko Dlamini is the Non-Executive Director of the Company. Ms Dlamini currently serves as the Chief Financial Officer of the IDC. Prior to joining the IDC in September 2015 she was with Eskom where she spent 14 years in various executive positions. Ms Dlamini holds a BCom degree and is a Chartered Accountant (SA).

Seamus French

Mr. Seamus French is the Non-Executive Director of the Company. Mr French is currently the Chief Executive Officer (“CEO”) of Anglo American’s Bulk Commodities business, responsible for its coal and iron ore interests globally. He joined Anglo American in 2007 and held the position of CEO of Anglo American’s Metallurgical Coal business between 2009 and 2013, and CEO of the global Coal business until 2015. Mr French holds a degree in Chemical Engineering.

Stephen Pearce

Mr. Stephen Thomas Pearce is Non-Executive Director of the company. He joined Anglo American as Finance Director Designate in January 2017. He will be appointed to the Board of Anglo American plc as Finance Director on 24 April 2017, subject to shareholder approval. Stephen has more than 16 years of public company director experience and 30 years’ experience in the mining, oil and gas, and utilities industries. Before joining Anglo American, Stephen served as Chief Financial Officer and an executive director of Fortescue Metals Group. Prior to that, he held the positions of Managing Director and CEO of Southern Cross Electrical Engineering Limited and was Chief Financial Officer of Alinta Limited. He has a Bachelor of Business from Royal Melbourne Institute of Technology, a Graduate Diploma in Company Secretarial Practice and is a Fellow of the Institute of Chartered Accountants, a Member of the Governance Institute of Australia and the Australian Institute of Company Directors. Until January 2017, Stephen served as a Non-Executive Director of Cedar Woods Properties Limited, an Australia-listed property development company.

Terence Goodlace

Mr. Terence Philip Goodlace is an Independent Non-Executive Director of the Company. Terence has extensive mining experience and has previously held the position of CEO of Impala Platinum Holdings Limited and Metorex Limited.

Dolly Mokgatle

Ms. Dolly D. Mokgatle, BProc, LLB, HDip Tax Law, is Non-Executive Independent Director of the Company. She joined the Kumba board on 7 April 2006, chairs the Social, Ethics and Transformation Committee and is a member of the Audit, Risk and Nominations and Governance Committees. She is an executive director of Peotona Group Holdings and also holds several other corporate directorships. She was the CEO of Spoornet and managing director of transmission at Eskom. Dolly was appointed as chairman of the State Diamond Trader, Zurich Insurance in October 2012 and as chair of Total South Africa Proprietary Limited at the end of 2012.

Sango Ntsaluba

Mr. Sango Siviwe Ntsaluba is appointed as Non-Executive Independent Director of the company effect from 5 June 2017. He has been the executive chairman (and co-founder) of NMT Capital, a diversified investment holding company, since 2002. He is a founding member of SizweNtsalubaGobodo, a successful firm of accountants and auditors. He also sits on the boards of Basil Read Holdings Limited, Pioneer Foods Limited and Barloworld Limited. Sango has served on various public sector boards, including currently the National Housing Finance Corporation (NHFC) and previously, the National Energy Regulator of South Africa (NERSA). He holds a BComm degree from the University of Fort Hare, a BCompt (Honours) degree from the University of South Africa, a Masters in Commerce (Development Finance) degree from the University of Cape Town and a Higher Diploma in Tax Law from the University of Johannesburg. Sango is a qualified Chartered Accountant (SA). Fani Titi, Chairman of the Board, said: “We look forward to welcoming Sango to Kumba. Sango’s diverse commercial experience, strong business acumen and proven track record in the auditing and accounting sphere will enrich our board discussions.

Buyelwa Sonjica

Ms. Buyelwa P. Sonjica is Non-Executive Independent Director of the Company. She joined the Kumba board on 1 June 2012 and is a member of the Risk Committee and the Social, Ethics and Transformation Committee. She is a member of the World Wide Assessment Programme Advisory Group on gender equality and former minister of Water and Environmental Affairs, and Minerals and Energy with the cabinet of the government of South Africa. She previously chaired the parliamentary select committee on childcare facilities and the portfolio committee on water and forestry. She has also served as a member in the parliamentary portfolio committees of arts and culture, finance, and trade and industry.

Esha Mansingh