Xstrata Alloys CE to retire
Peet Nienaber, the Chief Executive of Xstrata Alloys, has decided to retire for personal and family reasons at the end of September 2012.
Peet Nienaber, the Chief Executive of Xstrata Alloys, has decided to retire for personal and family reasons at the end of September 2012.
He has led the business since 2022, which will now be taken over by Acting Chief Executive Loutjie Smit, a non-executive Director of Xstrata South Africa and chairman of the Audit Committees of Xstrata Nickel and Xstrata Alloys.
Mick Davis, Xstrata plc Chief Executive Officer, said: "Peet has built the world's leading integrated ferrochrome business from a standing start over the past 25 years. In his time at Xstrata he has been a valued member of the executive team."
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
NR
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
The five insurance policies you should have
Some insurance cover will be more important than others. We look at five insurance policies you may need to have to make sure you aren’t caught out in an emergency
-
Is Donald Trump putting the US dollar in danger?
Donald Trump's administration sees one of its greatest advantages – the US dollar – as a burden. Gold is the obvious beneficiary, says Cris Sholto Heaton.