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Goldplat CEO Stands Down As Company Seeks New Chief In South Africa

16th Sep 2013 08:12

LONDON (Alliance News) - Goldplat PLC Monday said Chief Executive Russell Lamming has stepped down with immediate effect and will be replaced on an interim basis by Finance Director Ian Visagie while the company tries to find a new CEO who will be based in South Africa.

Lamming will provide the company with a consultancy service for six months to ensure an orderly handover, Goldplat said in a statement.

"Now that we are focusing more on the recovery business, I believe we stand to benefit from having a South African based CEO as we move to our next stage of development," Chairman Brian Moritz said in a statement.

Goldplat shares were down 6.3% at 8.085 pence early Monday.

By Steve McGrath; [email protected]; @SteveMcGrath1

Copyright 2013 Alliance News Limited. All Rights Reserved.


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