Having forecast that a failure to secure the $6bn takeover of Yamana Gold would not be a reason to quit Gold Fields, CEO Chris Griffith did exactly that. Five weeks after accepting defeat to rival companies for Yamana, Griffith "jumped out of a window", proverbially speaking. But was it defenestration?

Probably, it was. Analysts have submitted a number of theories for Griffith going quietly, but they all swim upstream of his formidable track record. Ever since becoming a CEO in 2008 at Kumba Iron Ore, Griffith has been a guy for the hard yards. He turned Anglo’s miner around and managed a huge restructuring at his next post, Anglo’s 80%-owned Anglo American Platinum...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.