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Lonmin PLC Announces Board Change

Friday, 28 Dec 2012 02:00am EST 

Lonmin PLC announced that Ian Farmer, who is being treated for a serious illness, has informed the Board of his request to step down as Chief Executive Officer (CEO) and as a Director of Lonmin with immediate effect. With great regret the Board has agreed. The Board has appointed an executive search agent to pursue the selection and engagement of Ian's successor as CEO. In the meantime, Simon Scott will continue in his role as Acting CEO with the full support of the Lonmin Board. Simon has requested that he should not be considered as a candidate for the role of CEO. Following the appointment of a new CEO, Simon will dedicate his time fully to his role as Chief Financial Officer. 

Company Quote

-1.0 -0.03%
24 Oct 2014