TIDMWEIR

RNS Number : 8465D

Weir Group PLC

02 November 2020

Weir appoints Srinivasan Venkatakrishnan and Ben Magara to the Board

The Weir Group announces that Srinivasan Venkatakrishnan and Ben Magara will join the Board as Non-Executive Directors with effect from 19 January 2021.

Both Srinivasan, who is popularly known as Venkat, and Ben have extensive experience leading global mining businesses. Venkat has previously served as CEO of both Vedanta Resources plc, the diversified global natural resources company, and AngloGold Ashanti Limited, one of the world's largest gold producers. Ben served as CEO of platinum producer Lonmin plc, having previously held a number of senior roles for Anglo American plc.

Charles Berry, Weir Group Chairman said:

"I look forward to welcoming both Venkat and Ben to the Board. They bring a wealth of highly relevant experience to Weir as we transform into a focused, premium mining technology business. In addition to their extensive and diverse industry knowledge, Venkat and Ben also share a passion for innovative engineering and its vital role in making mining operations more sustainable and efficient."

No further information is required to be disclosed pursuant to Listing Rule 9.6.13.

Notes to Editors:

Venkat served as CEO of Vedanta Resources plc from 2018-2020 and was CEO of AngloGold Ashanti Limited between 2013-2018, having previously been Chief Financial Officer of the business from 2005. His earlier career was as an accountant and restructuring specialist with Deloitte and Touche in India and the UK.

Ben served as CEO of Lonmin plc from 2013-2019. He was Executive Vice President of Engineering & Projects for Anglo Platinum from 2009-2013, having previously served as CEO of Anglo Coal. Ben started his career as a graduate with Anglo American plc after completing his mining engineering degree at the University of Zimbabwe.

Images of both Venkat and Ben are available by emailing media@mail.Weir.

 
 Enquiries: 
 Investors: Stephen Christie      +44 (0) 141 308 3707 
  Media: Raymond Buchanan          +44 (0) 141 308 3781 
  Citigate Dewe Rogerson: Chris    +44 (0) 207 638 9571 
  Barrie / Kevin Smith             Weir@citigatedewerogerson.com 
                                 -------------------------------

About The Weir Group PLC

Founded in 1871, The Weir Group PLC is a premium mining technology business whose purpose is to make customers' operations more sustainable and efficient. The Group is ideally positioned to benefit from structural trends that support long-term demand for its technology including the need for more essential metals to support economic development and carbon transition. Weir's highly engineered technology enables these critical resources to be produced using less energy, water and waste - reducing customers' total cost of ownership. The Group has c.13,000 employees in over 60 countries and has been listed on the London Stock Exchange since 1946.

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November 02, 2020 02:00 ET (07:00 GMT)

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