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Anglo American's New Chairman Has a History of Leading Takeovers

  • Former ARM and Rexam chairman will take position in November
  • Chambers joins as miner seeks to continue recovery from rout
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The century-old mining giant Anglo American Plc named Stuart Chambers as its new chairman less than a year after he steered U.K. chipmaker ARM Holdings Plc through a $32 billion takeover.

Chambers, a former chairman at ARM and Rexam Plc, will join Anglo’s board in September and take over the post in November, the company said in a statement Wednesday. The 61-year-old is replacing John Parker, who said he was standing down earlier this year.