Chris Griffith will step down as Gold Fields\u0027 CEO effective Dec. 31 because he felt responsible for the failed bid for Yamana Gold. Read on.
Griffith will leave his role effective Dec. 31, a month after the South African gold miner’s planned acquisition fell through, the company said. Gold Fields shares were down five per cent by 0953 GMT.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
Two top Gold Fields shareholders, Red Wheel Capital and VanEck, had publicly opposed the deal, which was scuppered last month when Yamana backed a rival US$4.8-billion takeover bid from Agnico Eagle Mines Ltd. and Pan American Silver Corp.Article content
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