Mark Cutifani

After working for Coal Cliff, he joined Kalgoorlie Gold Mines, the Western Mining Corporation, Normandy Mining and Sons of Gwalia.[1] He became the managing director of Sons of Gwalia in March 2000, but resigned from his position on 14 February 2003, in a surprise move, to join Inco Limited in Sudbury, Canada.[8] The Sons of Gwalia company entered administration 16 months later, in August 2004,[9] following a financial collapse,[10] with debts exceeding $800 million after suffering from falling gold reserves and hedging losses.[11]

In 2007, Cutifani left Inco Limited, where he held the position of chief operating officer. On 17 September 2007, he joined AngloGold Ashanti, as a director of the company and was appointed CEO on 1 October that year.[4] Cutifani was credited with dismantling AngloGold Ashanti's significant and toxic hedge book, allowing the company to benefit fully from the much higher gold spot price.[12]

Shortly after joining AngloGold Ashanti, Cutifani introduced a campaign called "Safety is our first value". Research into the 2007 fatalities at the company had shown that 70% of the fatalities were caused by sub-standard operations or actions. Cutifani aimed to reduce the number of fatalities by changing the company's culture and improving communication, citing legacy issues from the past as a main cause for the fatalities.[13] During his tenure, the fatality rate was reduced by 50%.[14]

He was one of the critics of the new Australian Mining Super Tax, which was announced in 2010, stating that it could delay or endanger the company's Tropicana Gold Mine project.[15][16]

In January 2013 it was announced that Cutifani would become the new chief executive of Anglo American plc, starting his new role on 3 April 2013, replacing Cynthia Carroll.[17] In April 2016, Anglo American PLC's shareholders rejected the pay package for Cutifani, indicating disappointment over the organization's restructure plan.[18]