Gold Fields has appointed Yunus Suleman to succeed chairperson Cheryl Carolus with effect from the 2022 Annual General Meeting (AGM), scheduled for June 1, 2022.

Carolus is stepping down after seven years as chairperson.

Suleman was appointed as a nonexecutive director of the board on September 1, 2016.

Moreover, Steve Reid had been elected lead independent director of the board with immediate effect.

Reid was appointed as a nonexecutive director of the board on February 1, 2016.

“I am honoured to be handing over the chair of the board to someone of the caliber of Mr Suleman, who has been an integral part of the refreshing of the board in recent years.

“We also have great comfort in the appointment of Reid, with his unique skill set and knowledge, as lead independent director.

“Both appointments form part of the orderly and timeous transition of the leadership of the Gold Fields board, following my decision to step down as chair at the June 2022 AGM,” Carolus comments.

The board paid tribute to her contributions to and leadership of the Gold Fields board, which she joined in 2009 and led as chair from 2013.

“We cannot express our gratitude enough to Ms Carolus for her role as chair of the company. Her contributions will remain part of Gold Fields for many years to come.”