Within days of taking over as chairman of Anglo American in 2009, Sir John Parker flew to Johannesburg to meet the mining company’s senior executives.One aim was to calm their nerves about a possible bid from rival Xstrata. “That’s not your problem, it’s my problem,” Sir John recalls telling them.
Then the Northern Irishman added: “What I am disturbed about is that many of you seem to have time to spare in which you join with former colleagues in criticising the CEO . . . As far as I’m concerned, that can stop.”
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By Andrew Hill
Source: Financial Times
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