Anglo Platinum's CEO steps down - why?
Chris Griffith is stepping down as CEO of Anglo American Platinum.
He'll be resigning after more than seven years in the post, at the age of 55.
Bruce Whitfield wanted to know if the markets, or policy uncertainty, maybe played a role in his decision.
I'm certainly not retiring. I'm stepping down as the CEO but I'm not retiring. I don't yet know what my steps are going to be.Chris Griffith, outgoing CEO, Anglo Platinum
In real terms platinum has not reached an all time high. I think there's more growth for rodium, for palladium - good fundamentals that are driving price, not speculation. Although you speak of platinum being flat the basket price in dollar terms is up by 27% These fundamentals have been coming for some time, we've been predicting some time now.Chris Griffith, outgoing CEO, Anglo Platinum
None of my decisions to step aside has anything to do with policy uncertainty. Think back to the Kumba days when I was CEO there and some of the very difficult decisions.Chris Griffith, outgoing CEO, Anglo Platinum
We took on government, we eventually took them to the constitutional court about some of the rights they were trying to take away from us and hand over to a small crowd called Imperial Crown Trading. It's not that I'm afraid of conflict or doing the right thing.
Listen to the full interview below.
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning.
Studies across the world and industries consistently show women-entrepreneurs have a better risk profile, says Janeesha Perumal.Read More
National Consumer Commission director of prosecutions Joseph Selolo says you can't be naive or claim to be duped.Read More
Following a cabinet meeting, Winde said that the province had sufficient health capability to manage COVID-19 patients.Read More
From 50 finalists the three winners have been selected and they represent top adaptive thinking in business right now.Read More
'Mr Eazi' launched the Africa Music Fund to support the continent's creative talent. Bruce Whitfield interviews Lee Kasumba.Read More
Justin Chadwick (Citrus Growers' Association) says it's all thanks to the perceived immune-boosting attraction of Vitamin C.Read More
Bruce Whitfield interviews Whitey Basson, who believes it's just not good enough for govt to say ban will be lifted but not when.Read More
Bruce Whitfield talks to MTN CFO Ralph Mupita about the reasons for the move and the company's huge profit increase.Read More
Marc Lubner on the NGO's programmes for young South Africans and how working with Nelson Mandela inspired his life's work.Read More
Involved in an accident you didn't cause? Third party claims don't pay out much. Wendy Knowler shares one driver's horror story.Read More