Zug, Switzerland - June 12, 2013, Zug, Switzerland - Glencore Xstrata, a mining group, announced the appointment of three new directors of the company.
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Currently a senior advisor to Morgan Stanley, Mr. Mack retired as Chairman in 2011 where he had previously served as Chief Executive Officer from June 2005 until December 2009.
Mr. Mack first joined Morgan Stanley in May 1972, becoming a Director on the Board of Directors in 1987 and named President in 1993. Before rejoining Morgan Stanley as Chairman and Chief Executive Officer in June 2005, he served as Co-Chief Executive Officer of Credit Suisse Group and Chief Executive Officer of Credit Suisse First Boston.
Mr. Mack is a graduate from Duke University. He serves on the Advisory Board for China Investment Corporation, is a member of the International Business Council of the World Economic Forum, the NYC Financial Services Advisory Committee and the Shanghai International Financial Advisory Council.
Mr. Grauer is the Chairman of Bloomberg Inc., the global financial media company that was founded in 1981. He was Chairman and Chief Executive Officer from 2002-2011 and has been a member of Bloomberg’s Board of Directors since 1996.
Prior to this, Mr. Grauer was Managing Director of Donaldson, Lufkin & Jenrette from 1992 to 2000 when DLJ was acquired by Credit Suisse First Boston and founder of DLJ Merchant Banking. He served as Managing Director and senior partner of CSFB Private Equity until 2002.
Mr. Grauer graduated from the University of North Carolina and the Harvard University Graduate School of Business, Program for Management Development in 1975. He is a director of Davita Healthcare Partners. He is also a member of the International Business Council of the World Economic Forum, the UNC Chapel Hill Board of Trustees and a trustee of Rockefeller University.
Mr. Coates is a senior executive of Glencore Xstrata and a non-executive Director of Santos Limited, and Amalgamated Holdings Limited. Until April 2011, he was a non-executive Director and Chairman of Minara Resources Ltd., a position he held since May 2008.
Mr. Coates has occupied many senior positions in a diverse range of resource companies, including those mining silver, lead, nickel, iron ore, bauxite and coal. He was previously the Chief Executive of Xstrata’s coal business, having joined the company in 2002 when Glencore sold its Australian and South frican coal assets to Xstrata. ■