Cynthia Blum Carroll (born November 13, 1956[1][2][3]) is an American[4][5] businesswoman. She was the chief executive officer of Anglo American PLC,[6] a British mining company, which, among other things, is the world's largest platinum producer.[7]
On October 24, 2006, Carroll was hired by Anglo American, and joined the board in January 2007, becoming chief executive at the beginning of March 2007. She chaired Anglo American’s Executive Committee and sat on the Safety and Sustainable Development Committee.[8] She was one of only three female chief executives of FTSE 100 companies and the first non-South African to hold the post with Anglo American.[9][10]
In 2008 she was ranked by the magazine Forbes as the fifth most powerful woman in the world. She was ranked fourth in 2009 and seventh in 2007 by the same list.[11]
Her annual salary at Anglo American was £1,050,000 with an annual bonus of £319,000.[12]
Anglo American announced on October 26, 2012, that Carroll would step down as chief executive.[13]
She has been a non-executive director of BP since June 6, 2007.
Carroll previously worked for Alcan, as president and chief executive officer of the Primary Metal Group since 2002. She joined Alcan in 1989. In January 1996 she was promoted to managing director of the Aughinish Alumina division, located on Aughinish Island, Askeaton, County Limerick, Ireland.[14] Before joining Alcan, she worked for Amoco, which is now part of British Petroleum, for eight years as a petroleum geologist, from 1982 to 1987, working in gas and oil exploration in Colorado, Alaska, Wyoming, Utah, and Montana.[15]
Carroll graduated from Skidmore College in 1978, a Bachelor of Science in Geology.[14] She holds a Masters of Science degree in Geology from the University of Kansas (1982) and a Masters of Business Administration from Harvard University (1989).
She formerly served as a director of Sara Lee and AngloGold Ashanti Limited.[8] She also sits on the Boards of American Aluminium Association and the International Aluminium Institute.[18]
Cynthia Carroll has launched a number of new initiatives within the business, including an asset optimisation project; the introduction of the value based management methodology within Anglo American;[19] and a push to improve safety performance. In 2007, she closed two platinum shafts in South Africa following a number of fatalities until the workforce received more safety training.[20] She participated in the Tripartite Safety Summit in 2008 with union, government and industry representatives to address safety concerns in the mining industry[21] Since Cynthia Carroll took over as chief executive, Anglo American has acquired stakes in two copper projects Michiquillay in Peru[22] and Pebble in the US;[23] a coal company Foxleigh in Australia;[24] and the iron ore project in Brazil, Minas-Rio.[25]
Rio Tinto Group is a British-Australian multinational company that is the world's second largest metals and mining corporation. It was founded in 1873 when a group of investors purchased a mine complex on the Rio Tinto, in Huelva, Spain, from the Spanish government. It has grown through a long series of mergers and acquisitions. Although primarily focused on extraction of minerals, it also has significant operations in refining, particularly the refining of bauxite and iron ore. It has joint head offices in London, England and Melbourne, Australia.
Anglo American plc is a British multinational mining company with headquarters in London, England. It is the world's largest producer of platinum, with around 40% of world output, as well as being a major producer of diamonds, copper, nickel, iron ore, polyhalite and steelmaking coal. The company has operations in Africa, Asia, Australia, Europe, North America and South America.
Lonmin plc, formerly Lonrho plc, was a British producer of platinum group metals operating in the Bushveld Complex of South Africa. It was listed on the London Stock Exchange. Its registered office was in London, and its operational headquarters were in Johannesburg, South Africa.
BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom. On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory and shareholder agreement. The sale was completed on 15 February 2016. Prior to the takeover, BG Group was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. In the 2015 Forbes Global 2000, BG Group was ranked as the 583rd largest public company in the world.
Xstrata plc was an Anglo-Swiss multinational mining company headquartered in Zug, Switzerland and with its registered office in London, United Kingdom. It was a major producer of coal, copper, nickel, primary vanadium and zinc and the world's largest producer of ferrochrome. It had operations in 19 countries across Africa, Asia, Australasia, Europe, North America and South America.
AngloGold Ashanti Limited is an independent and global gold mining company with a diverse portfolio of cooperation, projects, and exploration activities, formed in 2004 by the merger of AngloGold and the Ashanti Goldfields Corporation. As of 2022, it was a global gold producer with 21 operations on four continents, listed on the New York, Johannesburg, Accra, London and Australian stock exchanges, as well as the Paris and Brussels bourses, and left the Johannesburg exchange in 2023. As of May 2023, it was the world’s fourth-largest gold miner, with assets in Ghana, Australia, the US, and Argentina.
Sir Mark Moody-Stuart KCMG is a British businessman, He was appointed non-executive chairman of Anglo American PLC in 2001, serving until 2009. He has been chairman of Hermes Equity Ownership Services since 2009.
Indra Nooyi is an Indian-born American business executive who was the chairman and chief executive officer (CEO) of PepsiCo from 2006 to 2018.
Petropavlovsk plc is a London-based gold mining company with operations in Russia. The company is listed on the London Stock Exchange.
Since 2004, Forbes, an American business magazine, has published an annual list of its ranking of the 100 most powerful women in the world. Edited by prominent Forbes journalists, including Moira Forbes, the list is compiled using various criteria such as visibility and economic impact. In 2023, the gauge was "money, media, impact and spheres of influence". The top 10 per year are listed below.
Mondi plc is a multinational packaging and paper group. Group offices are located in Weybridge, England. It has listings on the Johannesburg Stock Exchange and the London Stock Exchange, and is a constituent of the FTSE 100 Index.
TP ICAP Group plc is a financial services firm headquartered in London, United Kingdom. Its stock is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Aquarius Platinum plc is a Bermuda-registered and headquartered mining business.
Alcan was a Canadian mining company and aluminum manufacturer. It was founded in 1902 as the Northern Aluminum Company, renamed Aluminum Company of Canada in 1925, and Alcan Aluminum in 1966. It took the name Alcan Incorporated in 2001. During that time, it grew to become one of the world's largest aluminum manufacturers.
Sir Thomas John Parker is a British businessman. He is chairman of Laing O'Rourke and former chairman of Pennon Group, a director of Carnival Corporation & plc and lead non-executive director at the Cabinet Office. He has been a director or chairman of numerous other public companies including Airbus, Anglo American plc, Babcock International, British Gas, DP World, Lattice Group, National Grid plc and Ombu Group. He is a past president of the Royal Academy of Engineering, patron at the Centre for Process Innovation and a Visiting Fellow of the University of Oxford.
Sue Gardner is a Canadian journalist, not-for-profit executive and business executive. She was the executive director of the Wikimedia Foundation from December 2007 until May 2014, and before that was the director of the Canadian Broadcasting Corporation's website and online news outlets.
Mark Cutifani is an Australian businessman and current chairman of the energy transition metals board at Vale Base Metals. He is the Senior Independent Director with Laing O'Rourke and chairs the board's Sustainability Committee. He is also a non-executive director of Total S.A and chairs the board's Sustainability Committee.
Centamin plc is a gold mining company focused on the Arabian-Nubian Shield. It has offices in London, UK; Mount Pleasant, Western Australia; and Alexandria, Egypt. Its registered office is in Jersey. It was listed on the London Stock Exchange and the Toronto Stock Exchange until it was acquired by AngloGold Ashanti in November 2024.
Andrew Stephen Bower Knight is an English journalist, editor, and director of News Corporation.
Ian David Cockerill is a geologist and mining engineer. Cockerill started his mining career in South Africa in 1975 after completing his Bachelor of Science in Geology at Chelsea College of Science and Technology. He later completed his Master of Science in Mining-Mineral Production Management at the Royal School of Mines, a Management Development Programme at the University of South Africa, and an Advanced Management Programme at Templeton College, Oxford.
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