Family-controlled mining company Antofagasta has hired an outsider to lead the business, replacing interim chief executive and family member Jean-Paul Luksic.
Luksic, who stepped up to the chief executive role after the unexpected resignation of non-family Marcelo Awad earlier this year, said the Chilean group has appointed Diego Hernandez.
"He has an extensive knowledge of the mining industry. This, we feel, will greatly benefit Antofagasta as it continues to enhance its overall growth profile," Luksic said in a statement.
Hernandez, who starts his role on 1 August, was previously the chief executive of Codelco, the world's largest copper producer.