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Report: Anglo American looking for new CFO

Anglo AmericanPlc is said to be looking for a successor for CFO Rene Medori amidits radicalrestructuring drive to weather the global commodities downturn, SkyNews' Mark Kleinman reported March 26.

The search is at an early stage and no particular departuredate has been set for Medori, who has been CFO since 2005.

The news outlet noted that Anglo's pursuit for a new CFO doesnot appear to stem from a shareholder demand, but is rather part of a broaderpolicy shift for the miner in the coming years.