African Rainbow Minerals CEO Michael Schmidt will step down from his position on May 1 after just more than a decade at the helm. After a comprehensive headhunting process, the board has appointed ARM’s COO Velile Phillip Tobias as CEO, subject to approval by the shareholders at the next AGM.
rojects of Harmony Gold and held variousSchmidt joined ARM as executive of platinum operations in July 2007 after 13 years with Lonmin. He was appointed ARM CEO-designate and an executive director from September 2011. He held the position of CEO from March 2012.are grateful for his many years of dedicated service.are confident that he will contribute to the success and global
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