Anglo American CEO Sees 20% Returns After Rejigging Assets

Anglo American Plc Chief Executive Officer Mark Cutifani contends he’ll double profitability once he cleans up his sprawling company in the coming years -- and then he’ll be able to increase it again.

“A company like ours should be delivering 20 percent return on capital through the cycle,” Cutifani said in a May 16 interview at Bloomberg headquarters in New York. “We haven’t put a time on that, but we believe 20 percent is doable.”