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2026-11-06

← S32 management

Full background report

Matt Daley

Chief Executive Officer and Managing Director

Career chronology

  • As reported at 2026-10-31; dates where documented in findings: South32 — Chief Executive Officer and Managing Director. FY2026 annual report (Printed p.122 and p.143-144)

Education and qualifications

Issuer-reported qualifications

As reported in annual report · issuer reported · low materiality

Issuer reports a mining engineering degree with honours from University of South Australia and a graduate diploma in finance and investment; not independently verified.

Attribution: Responsibility not applicable. Issuer biography, not independent verification.

Relevance: Professional training and experience.

FY2026 annual report (Printed p.122 and p.143-144)

Industrial safety

Two Anglo American fatalities during technical leadership

February–April 2025 · documented · high materiality

Anglo American reported that in February 2025 a contractor died after a fall at Minas-Rio and in April 2025 a worker died at Unki. Anglo reported investigations and mitigation actions. Daley was its technical and operations director until 12 May 2025, a role covering safety and operational disciplines; no source establishes personal fault.

Attribution: Role overlaps event; causation unproven. His group technical role overlapped these fatalities; individual responsibility has not been established.

Relevance: Relevant to safety oversight experience.

Anglo American annual report 2025 (Group safety performance and leadership changes); Technical director transition (12 May 2025 transition announcement)

Governance and interests

Board assessment after fatality and Hermosa cost change

FY2026 · issuer reported · high materiality

The board applied a negative FY2026 short-term incentive business modifier of 20% to Matt Daley, considering the March 2026 Worsley fatality and changes to Hermosa Taylor timelines and growth capital. It said the different modifiers reflected relative executive accountability. This board assessment does not establish personal causation of the death.

Attribution: Role overlaps event; causation unproven. The board directly described its incentive decision and accountability assessment, not personal culpability.

Relevance: Safety, project oversight and board assessment.

FY2026 annual report (Printed p.163, FY2026 business modifier; visually checked)

Suitability for the current role

Experience and responsibilities

As reported through August 2026 · analyst inference · low materiality

South32 deputy CEO from 2 February 2026; CEO from 1 July 2026. Anglo American technical and operations director from 2023 to May 2025, after joining in 2017. Earlier roles at Glencore and Xstrata include Mount Isa and Agua Rica. The relevance to the present role is an analyst inference; company descriptions do not measure individual delivery.

Attribution: Responsibility not applicable. Issuer biography and analytical inference; exact prior dates are incomplete.

Relevance: Relevant to the current assigned mandate.

FY2026 annual report (Printed p.122 and p.143-144)

Evidence gaps

  • Independent verification of education, qualifications and any current professional registration remains incomplete.

  • Full person-specific searches of each employer, court, regulator, sanctions, safety and environmental records are incomplete; no clearance is implied.

  • Exact past role dates, individual contribution and responsibility are not fully established.

  • The final WorkSafe and coronial outcome for the March 2026 Worsley fatality was not established.