HILARY JOFFE: While Anglo strikes succession gold, Absa wallows in a bitter pit

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HILARY JOFFE: While Anglo strikes succession gold, Absa wallows in a bitter pit
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When the transition process is marked by turbulence, it makes for a troubled future

The past couple of weeks have told a tale of two contrasting corporate leadership transitions, at Anglo American and at Absa.

Anglo announced that CEO Mark Cutifani will step down in April to be replaced by experienced insider Duncan Wanblad. No-one was in the least surprised.

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BDliveSA /  🏆 12. in ZA

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