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Appointment of Executive Director and Gold Fields Chief Executive Officer Designate

Published: 2023-10-09 12:15:21 ET
<<<  go to JSE:GFI company page
Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
(“Gold Fields” or “the Company”)
JSE, NYSE, DIFX Share Code: GFI
ISIN Code:ZAE000018123

APPOINTMENT OF EXECUTIVE DIRECTOR AND GOLD FIELDS CHIEF EXECUTIVE OFFICER
DESIGNATE

The Board of Directors of Gold Fields is pleased to announce the
appointment of Mr Michael (Mike) Fraser as the Chief Executive Officer
(CEO) and an Executive Director of the Company with effect from 1 January
2024. Mr Fraser will be based in the Gold Fields Corporate Office in
Johannesburg, South Africa.

Mr Fraser will succeed Mr Martin Preece, who has served as Interim CEO
and Executive Director of the Company since 1 January 2023.

Mr Fraser is a mining industry executive with extensive experience. He is
currently the CEO of AIM-listed Chaarat Gold Holdings and prior to that
was with South32 as Chief Operating Officer of its global Aluminium,
Nickel, SA Manganese and Energy Coal businesses. He was also previously
an executive with BHP, with roles as Chief Human Resources Officer and
President of Mozal Aluminium in Mozambique.

Gold Fields Chair, Mr. Yunus Suleman, said, “On behalf of the Board, I
would like to welcome Mike to the Gold Fields team. We are delighted to
have a seasoned executive of Mike’s talent join Gold Fields as the CEO.
He brings a rich and unique mix of global operational and corporate
experience and his track record of collaboration in delivering superior
results in productivity, safety and culture ideally place him to lead our
management team in taking our business forward.

The Board sincerely thanks Mr. Preece for his leadership during his time
as Interim CEO.”

To ensure a seamless leadership transition, Mr Preece will continue as
Interim CEO until 31 December 2023. Mr. Preece will remain with the
Company as part of its executive management team with further information
to be announced in due course.

9 October 2023
Sponsor:
J.P. Morgan Equities South Africa (Pty) Ltd