Impala Platinum Announces CEO Terence Goodlace Will Step Down

Impala Platinum Holdings (JSE:IMP) has announced its CEO, Terence Goodlace, will step down on December 1, 2016.
As quoted in a news article:

Goodlace, 57, who began as a R200-a-month learner miner, has been with the platinum-group metals mining, processing, refining and marketing company for six years.
The Master of Business Administration has managed the R85-billion, 60 000 personnel mining business with a professional contingency style of management since joining them from the Metorex base-metals mining company, which he recapitalised and repositioned as a financially sound operation.
He regards his biggest ever opportunity has working at Gold Fields during its international growth phase and said in a stock exchange news service announcement that he was departing with a sense of pride.
Implats chairperson Dr Mandla Gantsho drew attention to Goodlace being at the helm during a difficult time for the platinum mining sector and the mining industry generally and expressed gratitude for the long notice period he had given.
The company said that the Implats board would be reviewing its leadership succession plans as well as embarking on a structured search process to fill the vacancy.

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