[miningmx.com] – Paul O’Flaherty is to resign as CEO of ArcelorMittal South Africa (AMSA) effective February 12, the steelmaker said in an announcement citing “personal reasons” for the departure.
However, O’Flaherty will serve on AMSA’s board as a non-executive director from March 1, AMSA said. This is to retain his continued contribution, especially in respect of relationships with key stakeholders,” it added.
O’Flaherty, previously CFO of state-owned power utility, Eskom, was appointed CEO of AMSA in May 2014. During that period, he has overseen a business review of the company in which jobs were lost at its Vereeniging and Vanderbijlpark Works.
