Current chief financial officer Christine Ramon has been appointed as interim CEO.
After less than two years at the helm, AngloGold Ashanti [JSE: ANG] CEO Kelvin Dushnisky is stepping down from the on 1 September, the mining company said in a notice to shareholders on Thursday.
Mergence Investment Managers mining analyst Peter Major, said the resignation news came as a “complete shock” and he even read the notice twice to be sure. The shock comes especially as things at the company are looking good, usually a CEO leaves when things are “going downhill,” he said. Dushnisky made headlines earlier this year, after AngloGold’s annual report showed he repaid a $800 000 bonus that he received shortly after joining AngloGold. This was to compensate for the bonus he would have received from his former company, Barrick Gold, Bloomberg reported.
Current chief financial officer Christine Ramon has been appointed as interim CEO, as the board embarks on a recruitment process for a permanent CEO.
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