JOHANNESBURG (miningweekly.com) – Platinum miner Lonmin has appointed Barrie van der Merwe to succeed outgoing CFO Simon Scott from May 17.
Van der Merwe is a chartered accountant and holds a BCom (Hons) degree in accounting from the University of Pretoria.
He worked as CFO of Debswana Diamond Company between 2012 and 2015. Prior to that, he held several senior financial management positions with Anglo American and Anglo American Platinum between 2002 and 2012.
He has also held several nonexecutive directorships, including at Morupule Coal Mine between 2013 and 2015 and Wesizwe Platinum between 2013 and 2015.
“I am pleased to welcome Barrie to the Lonmin board. He brings with him a significant amount of knowledge of the sector and South Africa and I have no doubt he will make a valuable contribution to the board,” commented Lonmin chairperson Brian Beamish.
“Barrie brings with him extensive experience in the mining industry and as a hands-on leader. I am excited to welcome him and I have no doubt he can bring that experience to bear at Lonmin,” added Lonmin CEO Ben Magara.
The company's share price on the JSE rose by 7.5% on Tuesday morning, while its share price on the LSE rose by 6.52%.