Board of Directors
Willy Strothotte
Willy Strothotte, aged 64, has been Chairman of Xstrata since February 2002.
From 1961 to 1978 Mr. Strothotte held various positions with responsibility
for international trading in metals and minerals in Germany, Belgium and
the USA. In 1978, Mr. Strothotte joined Glencore International, taking up
the position of Head of Metals and Minerals in 1984. Mr. Strothotte was appointed
Chief Executive Officer of Glencore in 1993 and held the combined positions
of Chairman and Chief Executive Officer from 1994 until 2001, when the roles
of Chairman and Chief Executive were split. Mr. Strothotte, has been Chairman
of Xstrata AG since 1994, is Chairman of Glencore International and is currently
a director of Century Aluminium Corporation, Minara Resources Limited and
KKR Financial Holdings LLC.
Mick Davis
Mick Davis, aged 51, is the Chief Executive of Xstrata. Mr. Davis was appointed
as Chief Executive of Xstrata AG in October 2001, and was appointed to the
Board of Xstrata in February 2002. Previously, Mr. Davis was Chief Financial
Officer and an Executive Director of Billiton Plc, appointed in July 1997
and served as Executive Chairman of Ingwe Coal Corporation Limited from 1995.
He joined Gencor Limited in early 1994 from Eskom, the South African state-owned
electricity utility, where he was an Executive Director.
David Rough
David Rough, aged 58, was appointed to the Board of Xstrata in April 2002,
is Deputy Chairman, the Senior Independent Director and Chairman of the Nominations
Committee. Mr. Rough was a director of Legal & General Group Plc before
retiring from Legal & General in June 2002. As Group Director (Investments),
Mr. Rough headed all aspects of fund management within Legal & General
Investments.
Mr. Rough is currently a director of Friends Provident plc, Land Securities
Group plc, and Brown, Shipley & Co Ltd.
Ivan Glasenberg
Ivan Glasenberg, aged 52, was appointed to the Board of Xstrata in February 2002. Mr. Glasenberg is Chief Executive Officer of Glencore International, which he joined in 1984. He worked in the coal department of Glencore in South Africa for three years and in Australia for two years. From 1989 to 1990, he managed Glencore International’s Hong Kong and Beijing offices. In 1991 he became Head of the Glencore Coal Department and in 2002 Chief Executive Officer of Glencore International. He is also currently a director of Minara Resources Limited and United Company Rusal Limited.
Paul Hazen
Paul Hazen, aged 67, was appointed a director of Xstrata in February 2002.
Mr. Hazen is a former Chairman and CEO of Wells Fargo and Company from which
he retired in April 2001 as Chairman after a 30-year career with the bank.
He was also a director of Phelps Dodge Corporation until February 2003 and
Deputy Chairman and Lead Independent Director of Vodafone Group Plc until
July 2006. Mr. Hazen is currently Chairman of Accel-KKR and of KKR Financial
Corporation and also serves as Lead Independent Director of Safeway, Inc.
Claude Lamoureux
Claude Lamoureux, aged 66, joined the Board of Xstrata on 6 May 2008 and was
until 1 December 2007, President and Chief Executive Officer of the Ontario
Teachers’ Pension Plan Board. Previously, he spent 25 years as a financial
executive with Metropolitan Life in Canada and the US. He is also a director
of Northumbrian Water Group plc, Cordiant Capital, Glass Lewis, Maple Leaf
Foods Inc., Atrium Innovations Inc., the Canadian Institute for Advanced
Research, The Foundation for Investors Rights, Glass Lewis, The Learning
Partnership and the York University Foundation.
Robert MacDonnell
Robert MacDonnell, aged 71, was appointed to the Board of Xstrata in February 2002. Prior to joining Kohlberg Kravis Roberts & Co. in 1976, Mr. MacDonnell was a Management Consultant at Arthur Andersen & Co. He subsequently formed his own firm, which specialised in small management buyouts. Mr. MacDonnell became the first non-founding partner of KKR in 1982 and participated in virtually all investment decisions until the firm expanded in the late 1980s. He is also a director of Safeway, Inc. Mr. MacDonnell will retire from the Board of Xstrata at the Annual General Meeting.
Trevor Reid
Trevor Reid, aged 48, is the Chief Financial Officer of Xstrata. Mr. Reid joined Xstrata AG in January 2002, and was appointed to the Board of Xstrata in February 2002. Prior to joining Xstrata, he was Global Head of Resource Banking at the Standard Bank Group. He joined the Standard Bank Group in 1997 from Warrior International Limited, a corporate finance boutique specialising in the minerals sector.
Sir Steve Robson CB
Sir Steve Robson CB, aged 65, was appointed to the Board of Xstrata in February
2002 and is Chairman of the Audit Committee. Sir Steve retired as Second
Permanent Secretary at HM Treasury in January 2001. He had joined HM Treasury
after leaving university. His early career included a period as Private Secretary
to the Chancellor of the Exchequer and a two-year secondment to Investors
in Industry plc (3i). From 1997 until his retirement, his responsibilities
included the legal framework for regulation of the UK financial services
industry, public private partnerships, procurement policy including the private
finance initiative and the Treasury’s enterprises and growth unit. Sir Steve
is also a director of JPMorgan Cazenove Holdings and the Financial Reporting
Council.
Ian Strachan
Ian Strachan, aged 65, was appointed to the Board of Xstrata in May 2003 and is the Chairman of the Health, Safety, Environment and Community Committee. Mr. Strachan is a director of Johnson Matthey plc, Rolls-Royce Group plc, Caithness Petroleum Limited and Transocean Inc. Mr. Strachan was Chairman of Instinet Group from 2003 to 2005 and Chief Executive of BTR plc from 1996 to 1999. Mr. Strachan joined Rio Tinto plc (formerly RTZ plc) as CFO in 1987, and was Deputy Chief Executive from 1991 to 1995.
Santiago Zaldumbide
Santiago Zaldumbide, aged 66, is an Executive Director of Xstrata, Chief Executive of Xstrata Zinc and Executive Chairman of Asturiana de Zinc. Mr. Zaldumbide was appointed to the Board of Xstrata in February 2002. He is a previous Chief Executive Officer and director of Union Explosivos Rio Tinto and of Petroleos del Norte. In 1990, Petroleos del Norte became part of the Repsol Oil Group where Mr. Zaldumbide was responsible for establishing the international structure of the enlarged Repsol Oil Group. In 1994 he was appointed Chief Executive Officer of the Corporación Industrial de Banesto and, in December 1997, Chairman and Chief Executive Officer of Asturiana de Zinc. Mr. Zaldumbide is also a member of the European Advisory Council of Air Products and Chemicals, Inc. and a director of ThyssenKrupp SA.