Age, Biography and Wiki
Mark Cutifani is an Australian businessman who is the current Chief Executive Officer of Anglo American plc, a global mining company. He has held this position since April 2013.
Cutifani was born in Wollongong, New South Wales, Australia, on 2 May 1958. He attended the University of Wollongong, where he graduated with a Bachelor of Science in Mining Engineering in 1979.
Cutifani began his career in the mining industry in 1979, working for the Hamersley Iron division of Rio Tinto. He held various positions in the company, including General Manager of the Channar mine, General Manager of the Robe River mine, and Chief Operating Officer of the Hamersley Iron division.
In 2002, Cutifani joined AngloGold Ashanti as Chief Operating Officer. He was appointed Chief Executive Officer in 2007, and held this position until 2013.
In April 2013, Cutifani was appointed Chief Executive Officer of Anglo American plc. He is responsible for leading the company's strategy and operations, and has overseen a major restructuring of the company.
As of 2021, Cutifani's net worth is estimated to be around $20 million.
Popular As |
N/A |
Occupation |
Businessman |
Age |
66 years old |
Zodiac Sign |
Taurus |
Born |
2 May 1958 |
Birthday |
2 May |
Birthplace |
Wollongong, Australia |
Nationality |
Australia |
We recommend you to check the complete list of Famous People born on 2 May.
He is a member of famous Businessman with the age 66 years old group.
Mark Cutifani Height, Weight & Measurements
At 66 years old, Mark Cutifani height not available right now. We will update Mark Cutifani's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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Mark Cutifani Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Mark Cutifani worth at the age of 66 years old? Mark Cutifani’s income source is mostly from being a successful Businessman. He is from Australia. We have estimated
Mark Cutifani's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
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Not Available |
Source of Income |
Businessman |
Mark Cutifani Social Network
Timeline
Cutifani is currently the Chair of the International Council on Mining and Metals, currently as a Director having been the Chairman of South Africa’s Chamber of Mines between 2012 and 2013 He is also a member of the International Advisory Committee for the Kellogg Innovation Network, a member of the Mining & Metals Steering Board and Governor of the Mining and Metals Industry Programme for the World Economic Forum. Cutifani is also a member of the Advisory Board for the Vale Columbia Centre on Sustainable International Investment and on the Board of Advisors for the Graduate School of Business at the University of Cape Town.
In January 2013 it was announced that Cutifani would become the new chief executive of Anglo American plc, starting his new role on 3 April 2013, replacing Cynthia Carroll. In April 2016, Anglo American PLC's shareholders rejected the pay package for Cutifani, indicating disappointment over the organization's restructure plan.
In December 2013, Cutifani was awarded an honorary doctorate from the University of Wollongong.
He was one of the critics of the new Australian Mining Super Tax, which was announced in 2010, stating that it could delay or endanger the company's Tropicana Gold Mine project.
In 2007, Cutifani left Inco Limited, where he held the position of chief operating officer. On 17 September 2007, he joined AngloGold Ashanti, as a director of the company and was appointed CEO on 1 October that year. Cutifani was credited with dismantling AngloGold Ashanti's significant and toxic hedge book, allowing the company to benefit fully from the much higher gold spot price.
Shortly after joining AngloGold Ashanti, Cutifani introduced a campaign called "Safety is our first value". Research into the 2007 fatalities at the company had shown that 70% of the fatalities were caused by sub-standard operations or actions. Cutifani aimed to reduce the number of fatalities by changing the company's culture and improving communication, citing legacy issues from the past as a main cause for the fatalities. During his tenure, the fatality rate was reduced by 50%.
After working for Coal Cliff, he joined Kalgoorlie Gold Mines, the Western Mining Corporation, Normandy Mining and Sons of Gwalia. He became the managing director of Sons of Gwalia in March 2000, but resigned from his position on 14 February 2003, in a surprise move, to join Inco Limited in Sudbury, Canada. The Sons of Gwalia company entered administration 16 months later, in August 2004, following a financial collapse, with debts exceeding $800 million after suffering from falling gold reserves and hedging losses.
Cutifani was born and grew up in Wollongong, Australia. After leaving high school in 1976, he joined Coal Cliff colliery and enrolled in the University of Wollongong to complete a degree in Mining Engineering. He graduated in 1982, top of his class.
Mark Cutifani (born 2 May 1958) is an Australian businessman and the current chief executive of diversified mining group, Anglo American plc. He was formerly CEO of South African gold mining company AngloGold Ashanti, a position he held from October 2007 until March 2013.