South32 confirms more board appointments
BHP Billiton spin-off, South32, last week confirmed the appointment of several nonexecutive directors.
Frank Cooper, Peter Kukielski, Futhi Mtoba and Wayne Osborn have been appointed nonexecutive directors of the Perth-based mining company, effective May 7, while Xolani Mkhwanazi will join the board, effective July, following a transition from BHP Billiton.
Keith Rumble will retire from the BHP Billiton board to take up a board appointment at South32 from May 22.
As previously reported, South32 president and COO-designate Mike Fraser is to head up the regional head office and global shared services centre in Johannesburg, while his Australian counterpart, Ricus Grimbeek, will run the Australian division of the newly formed company.
BHP Billiton will cease trading, with an entitlement to South32 shares on May 15 on the Australian, London and Johannesburg stock exchanges.
South32 shares were to have started trading on a deferred settlement basis on the ASX, on a normal settlement basis on the JSE and on a when-issued basis on the LSE on May 18.
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