[SMM Express] South32 appoints Karen Wood as the new chairman of the company

SMM News: recently, South32 has appointed Karen Wood as its new chairman, Karen Wood will also become one of Australia's most famous female directors. Karen will succeed David Crawford, on April 12, 2019, when David will retire as chairman and non-executive director. Karen Wood joined the South32 Board in November 2017 as an independent non-executive director and a member of the Board's Remuneration Committee, the Sustainable Development Committee and the nomination and Governance Committee. With a wealth of senior experience in resources, she served as BHP's executive team from 2001 until her retirement in 2014.

David Crawford, chairman of South32, said: "it is an honor to be the first chairman. South32 and I are pleased that Karen has been elected my successor. Her experience in strategy and governance, as well as her legal and human skills, enabled her to lead the board of directors. With a wealth of industry knowledge and a deep understanding of the business, Karen is the perfect choice for this role. "

Chairman-elect Karen Wood said: "on behalf of the Board, I would like to thank David for its significant contribution to South32. David has left the company with clear objectives, good connotation value, sound financial position and excellent leadership. Some of the highlights of his tenure included guiding the company's financial growth for three years in a row, reinventing our portfolio and overseeing the company's experienced, diversified board of directors. I look forward to working with the board, CEO Graham Kerr and the leadership team because we continue to develop a solid foundation on these foundations and continue to create value for our shareholders. "

According to the South32 website, Karen Wood has a wealth of experience as a senior manager in the resources industry. During her career, she has held a variety of senior global positions at BHP Billiton, including President of the people and President of Public Affairs. With a strong legal and governance background, Karen Wood joined BHP Billiton as Group Secretary in 2001 and previously served as General legal adviser and Company Secretary for Bonlac Foods Limited. She retired from BHP in 2014. Karen Wood has also served as a member of the acquisition Committee (Australia), the Business Regulatory Advisory Group of the Federal Government of Australia and the Business Advisory Group of the Australian Securities and Investment Commission.

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