I wish companies would give a little more information in the biographies of their senior leadership from the Annual Report. AngloGold Ashanti’s CEO, Mark Cutifani, is listed as having a bachelor’s degree in Mining Engineering. There is no mention of what university he attended or of any mining activities he may have pursued prior to being COO of CVRD Inco, a job which he left to become CEO of AngloGold Ashanti in 2007. The most personal thing shared in the Annual Report is that Mark is 53 years old.
Even Wikipedia has more information on Mr. Cutifani than the company is willing to share. From Wikipedia we learn that Mark attended the University of Wollongong (what an awesome name for a university). He also worked for Coal Cliff colliery, Kalgoorlie Gold Mines, the Western Mining Corporation, Normandy Mining and Sons of Gwalia before becoming COO of CVRD Inco. Why are we having to rely on Wikipedia to tell us about the leaders of public companies? This has got to be the absolute minimum required amount of shared information.
I do have to give credit to AngloGold Ashanti. In addition to sharing a minimum of information about their board of directors, they also put together the absolutely, most confusing report of the compensation of senior management. Thanks again for sharing information in a cryptic, and almost unreadable manner.