The grand scam in Endeavour Mining
Former Gold Fields CEO Ian Cockerill has been brought in at Endeavour Mining in the hope that he will restore the company’s battered reputation after allegations of serious misconduct against his predecessor
Why do retired executives take nonexecutive positions? As a way of staying in the game, because of the handy fees, or just for a change of pace? It doesn’t appear to be the latter for Ian Cockerill, a former CEO of Gold Fields, who in 2022 found himself conspicuously exposed as a board member of Russia-focused Polymetal International following the invasion of Ukraine.
Cockerill was thrust back into the limelight this month when he was appointed CEO of Endeavour Mining, a West African gold miner that had sacked its CEO of seven years, Sébastien de Montessus, amid allegations of “serious misconduct”, which De Montessus denies. ..
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