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Harmony announces management realignment

Harmony announced today that it would be repositioning key managers to oversee the company’s growth strategy.

CE Bernard Swanepoel said that should the company receive approval from the competition authorities to implement its proposed merger with Gold Fields, the realignment will position Harmony to extract the value promised to shareholders and successfully integrate Gold Fields’ assets.

“These appointments are in line with our strategic goal to control Gold Fields. Bolstering the team in this manner will ensure that we obtain maximum value from our investment, devote the appropriate and necessary focus and ensure that we have the capacity to run the assets of the combined company,” said Swanepoel. “I want to free-up my time to be responsible to my employees, my shareholders and my Board to deliver what we know we can.”

Executive Directors Ferdi Dippenaar and Ted Grobicki will work along side Swanepoel. Ferdi’s Investor Relations role will be filled by a new senior appointment in due course. Graham Briggs, currently Harmony’s country manager in Papua New Guinea, will assume responsibility for the Australasian portfolio, becoming Chief Executive of Harmony Australia.

Nomfundo Qangule will remain responsible for her duties as Financial Director.

Philip Kotze, Peter Steenkamp and Bob Atkinson will be appointed as Operations Directors for the Long-life, Leveraged and Growth Asset Portfolios respectively.

Swanepoel said the new Senior Management appointments demonstrate the calibre and depth of the Harmony management team: “I have every confidence that they will take our company forward and will turn our stated vision into a reality.”

Notes to editors

Background on new Senior Management appointees and all others Directors are available on the Harmony website, www.harmony.co.za

Issued by:

Ferdi Dippenaar
Marketing Director
+27(0)82 807 3684

Corné Bobbert
Investor Relations Officer
Office: +27 11 684 0149
Mobile: +27(0)72 157 5986
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South Africa - Beachhead Media & Investor Relations

Jennifer Cohen
Office: +27 11 214 2401
Mobile: +27 82 468 6469
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Patrick Lawlor
Office: +27 11 214 2410
Mobile: +27 82 459 6709
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United States – Financial Dynamics Business Communications

Hollis Rafkin-Sax
+1 212 850 5789
+1 917 509 0255
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Torie Pennington
+1 212 850 5629
+1 917 838 1369
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United Kingdom – Financial Dynamics Business Communications

Nic Bennett
+44 207 269 7115
+44 7979 536 619
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Charles Watenphul
+44 207 269 7216
+44 7866 438 013
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US Information Agent - MacKenzie Partners, Inc

Daniel Burch
+1 212 929 5500
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Steve Balet
+1 800 322 2885

Annual report

Integrated annual report 2016
Integrated annual report 2017

(HTML & PDFs)

Investor brief

Harmony Investor brief, Sep 2017
September 2017 -
Harmony Investor brief

(PDF - 6.5MB)

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