Willy Strothotte To Retire From Xstrata As Chairman And Non-executive Director

Xstrata PLC (XTA.L) said that its Chairman Willy Strothotte, will retire from the Board as Chairman and non-executive director on 4 May 2011.

The company also stated that John Bond will join Xstrata's Board as a consultant with immediate effect and will be appointed Chairman from the conclusion of the AGM, subject to shareholder election. John is presently Chairman of odafone Group Plc and will step down from the Vodafone Board on 26 July 2011.

by RTTNews Staff Writer

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