Gold Fields CEO Nick Holland
Photo by: Duane Daws
JOHANNESBURG (miningweekly.com) – Nearly one-third of Gold Fields shareholders voted against the policy on remuneration of directors at Friday’s annual general meeting (AGM).
While most other resolutions went through with more than 90% support, 30.21% of the voting shareholders gave a thumbs down to the “advisory endorsement of the remuneration policy”, which went through with comparatively low support of 69.79%.
More than 81.69% of votable shares of the JSE-, NYSE-, Nasdaq- and Dubai-listed gold-mining company were represented at the AGM.
CEO Nick Holland’s re-election to the board come through with flying 99.04% support, beaten only by the re-election to the audit committee of fellow director Don Ncube, with a 99.98% affirmation.
Other directors re-elected to the board were CFO Paul Schmidt and Kofi Ansah, while Gayle Wilson and Rick Menell made it back on to the audit committee.
Auditor KPMG will remain until the conclusion of the next AGM.