BL Premium reports that Sibanye-Stillwater CEO Neal Froneman will retire from the role in September, having catapulted the group from a relatively small miner into one of the SA’s largest mining houses over the past decade with a string of acquisitions.
He rarely lost out on clinching deals. Froneman will be replaced by Richard Stewart, the group’s chief regional officer for Southern Africa. Before his current role, Stewart was executive vice-president of business development and then COO. Sibanye-Stillwater chair Vincent Maphai hailed Froneman for his role since being at the helm of the group in 2013, saying his influence in the industry extended well beyond the company. He said: “Neal leaves behind a proud legacy at Sibanye-Stillwater and in the SA mining industry, which is testament to his strategic vision and inspirational leadership … Neal’s legacy extends far beyond his role at Sibanye-Stillwater and he is highly regarded as a thought leader globally. His prominent roles as chair of the World Gold Council and co-leading the Crime and Corruption workstream for business in SA, among other high-level engagements, suggest he will contribute to the advancement of the global minerals industry in various ways in future.” During his tenure, Froneman led the diversification of the company, giving it exposure to assets on five continents. Froneman has been on an acquisition spree over the past decade, .
- Read the full original of the report in the above regard by Kabelo Khumalo at BusinessLive (subscriber access only)
- Read too, Neal Froneman to retire as Sibanye CEO, at Fin24 (subscription or trial registration required)
- And also, Sibanye CEO Neal Froneman retires, at Moneyweb
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