Anglo American’s market capitalization has fallen more than 25 percent since Carroll joined in 2007, and she had come under pressure from recent wildcat strikes in South Africa that dented the company’s platinum production. The South African strikes are part of the worst mining crisis since the end of apartheid.
Anglo American holds an 85 percent stake in De Beers, with the government of Botswana owning the remaining 15 percent stake. Nicky Oppenheimer had most recently served as chairman of De Beers, stepping down from that role in September.
Earlier this month Carroll said: “I look forward to leading the board and continuing to support the management of the world’s leading diamond company.”
Anglo American’s chairman, Sir John Parker, said on Friday that Carroll had a “transformational impact” on Anglo American. “She developed a clear strategy, based on a highly attractive range of core commodities, and created a strong and unified culture and a streamlined organization with a focus on operational performance,” he said.
In honor of Rihanna’s 30th birthday, we took a look back at an interview with the Barbados-native when she was just 18 years old. Here, she talked about her second album, “A Girl Like Me” in 2006. “I want to be me. I want people to fall in love with who Rihanna is, and that’s why I want the album to be about me so people can really find out who this girl Rihanna is, because they only know the ‘Pon de Replay’ girl.” Fast forward 12 years, and she’s released six more albums and has become a powerhouse in both the fashion and music industries. Happy birthday, @badgalriri 🎈(📷: Pavel Antonov) #wwdarchive
For @simonerocha_‘s fall show, hairstylist @jamespecis created a look inspired by the painter John Constable. Models’ hair was pulled back, tied into knots and topped off with a bow. (📷: @kukukuba) #wwdbeauty #lfw
Queen Elizabeth made a surprise appearance at @richardquinn1's London Fashion Week show to present the designer with the inaugural Queen Elizabeth II Award for British Design. The new award will be handed out annually to an emerging British fashion designer who shows exceptional talent, while demonstrating value to the community and sustainable policies. #wwdfashion #lfw (📷: @giovanni_giannoni_photo)