ArcelorMittal South Africa is pleased to announce the appointment of Johnson Njeke, who has served as independent non-executive director on ArcelorMittal South Africa’s board since January 2002, as full-time chairman. He replaces Dr Khotso Mokhele, who resigned from his position in December 2009. Njeke had been acting chairman since then. Apart from ArcelorMittal South Africa his directorships include NM Rothschild (SA), Kagiso Trust Investments, Metropolitan Holdings and MTN Group. Njeke will also chair ArcelorMittal South Africa’s Nominations Committee.
ArcelorMittal South Africa also welcomes Malcolm Macdonald as a independent, non-executive director to its board. Between 1997 – 2004 Macdonald was the Financial Director of Iscor, ArcelorMittal South Africa’s predecessor, and currently serves as a non-executive director and chairman of audit committees on the boards of Astral Foods, GijimaAST and Coris Capital.
Among other board changes are:
The Audit Committee and Risk Committees have been combined to form the Audit and Risk Committee. Erick Diack was appointed as Chairperson of this Committee and Chris Murray and Malcolm Macdonald as members;
Thandi Orleyn has been appointed as Chairperson of the Transformation Committee;
Lumkile Mondi has been appointed as a member of the Remuneration Committee; and
Malcolm Macdonald has been appointed as a member of the Safety, Health and Environment Committee.
The appointments were effective from February 4, 2010.
For more information contact:
ArcelorMittal South Africa
www.arcelormittal.co.za
Sven Lunsche, 083 260 9279
Sven.Lunsche@arcelormittal.com
Issued by:
Brunswick Group LLP on behalf of ArcelorMittal South Africa
Tel: + 27 (0)11 502 7300
Fax: + 27 (0)11 268 5747
Itumeleng Mahabane Tel: +27 (0) 83 284 6774
Felicity Hudson Tel: +27 (0) 71 680 0234