The chief executive officer of Implats, Terrence Goodlace, is set step down in December.
In statement released on Wednesday, Implats said Goodlace would step down on December 1, after serving the company for six years.
“I am very pleased to have served this great company for more than half a decade and depart with a sense of pride for leaving behind a great team of executives and a strong board to lead Implats into the future,” Goodlace said.
Chairperson of the board Dr Mandla Gantsho said it had been great working with Goodlace and the board was pleased that he had given them lengthy notice of his intention to resign.
“It has been a great pleasure working with Terence over the past six years especially since becoming chairman last year. I would like to thank him for his outstanding contribution to Implats at a difficult time for the platinum mining sector and the mining industry generally. I wish Terence much success in the future,” he said.
“The board is pleased that he has given us a long notice period of his intention to step down and appreciate his commitment to continue to support the company and the board on the important ‘lower for longer commodity prices’ response initiatives, and in the leadership succession and handover.”
The board was reviewing its leadership succession plans as well as embarking on a structured search process to fill the vacancy.
– African News Agency (ANA).