Johannesburg, South Africa — 24 July 2012 – Harmony Gold Mining Company Limited “’ the fifth largest gold producer in the world “’ has announced that CEO Graham Briggs‚ who was to have retired in the next year in line with company policy‚ has agreed to remain with Harmony in his current position for another four years.
Harmony chairperson Patrice Motsepe said: “Graham has done good work as chief executive officer of Harmony, and is doing outstanding work in Papua New Guinea. The Board is confident that he will continue to lead the company in delivering sustainable‚ competitive results.”
Furthermore, reports Fin24, the company has embarked on a process to sharpen its organisational efficiency. Four key strategic objectives were considered in making the change‚ which are: strategy‚ operational delivery‚ standardisation‚ and growth.
Going forward there will be only one chief operating officer (COO) for South Africa‚ Tom Smith‚ with two operating officers (OO’s)‚ Beyers Nel and James Mufara. The OOs will each serve specific mines in the company, the company statement said.
Smith has appointed his own operational team and the rest of the executive management team will continue reporting to the CEO, it added.
Jaco Boshoff‚ previously acting as COO of the North operations‚ will assume the responsibility of executive: pre resources development and growth, and will retain responsibility of COO for Evander until the sales process has been completed.
Caption, Pic 1: Graham Briggs “’ will remain as Harmony CEO for another four years.
Source: Fin24. For more information, click here.