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| Kumba Appoints EJ Ras Myburgh CE Of New Kumba Iron Ore |
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South African resources company Kumba Resources announced January 9 hat EJ Ras Myburgh has been appointed chief executive (designate) of Kumba Iron Ore and general manager of Sishen Iron Ore Company. According to Kumba, this appointment follows the announcement of Kumba's empowerment transaction in October 2005 and the planned unbundling of Kumba Resources into two separately listed entities - Kumba Iron Ore (to concentrate on iron ore) and Newco (to handle all other commodities including coal). Mr. Myburgh is currently Kumba's general manager responsible for transformation and empowerment. In his present position he played a major role in the restructuring of the company as well as Kumba's business improvement programs. Prior to this position, he was the general manager of Kumba Coal. Matie von Wielligh, Kumba's current general manager in charge of iron ore, has decided to follow other career and business interests. Mr. Myburgh will therefore assume the role of Kumba Resources' general manager responsible for iron ore with effect from Feb. 1, 2006, until the role of chief executive becomes effective with the listing of the new Kumba Iron Ore. |
| last modified : Tue 17 Jan, 2006 [10:27] |