ANTO Antofagasta Plc

   By Rory Gallivan 
 

LONDON--South American copper miner Antofagasta PLC (ANTO.LN) Friday said its Chief Executive Diego Hernández is retiring, to be replaced by Iván Arriagada, current head of the company's minerals division.

The handover takes place with immediate effect and Mr. Hernández will stay on as an adviser to the board, the company said.

"It has been a privilege to have led Antofagasta over the past three and a half years supported by an excellent team through difficult times," said Mr. Hernández

"It is now time to hand over the reins to Iván who has the track record to capitalise on the progress we have made to strengthen the Group and to take it forward," he added.

Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

(END) Dow Jones Newswires

April 08, 2016 07:45 ET (11:45 GMT)

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