Miner and commodities trader Glencore (LSE: GLEN) has added a third female director to its nine-person board, appointing former Anglo American (LSE: AAL) chief executive Cynthia Carroll to its board.
Carroll, who led Anglo American for more than five years until she stepped down in 2013, has vast experience in the sector. While at Anglo’s helm, she was one of only four female CEOs among FTSE-100 companies and the first woman to take the top position at the diversified miner when she joined it in 2007.
Carroll was also the first non-South African and first non-insider to run the company founded in Johannesburg in 1917 by Sir Ernest Oppenheimer.
Her appointment as Glencore’s non-executive director comes as the company’s long-time CEO Ivan Glasenberg prepares to step down later this year. He will be replaced by Gary Nagle, head of the company’s coal assets
Carroll is currently a non-executive director at Hitachi, Baker Hughes Company and Pembina Pipeline Corporation. Previous non-executive appointments have included BP, Vedanta and the Sara Lee Corporation.
Glencore is looking for a new chairman to replace Tony Hayward, who cannot continue in his role much longer under the U.K.’s corporate governance code.
Glasenberg, who owns about 10% of Glencore, has said he doesn’t plan to be the company’s next chairman.