In house legal moves for Gold Fields
22nd January 2014
A leading mining company, Gold Fields of South Africa, has learnt of the resignation of their general counsel Michael Fleischer, who is to step down from his post on 31st January. Fleischer has held the role at Gold Fields since 2006, and his employers are declining to comment on his reasons for leaving.
Fleischer spent years working alongside others who held senior company in house legal jobs at the business, such as Taryn Harmse, who was promoted to Company Secretary in August, having initially been appointed as assistant GC in June 2013. Gold Fields have thanked Fleischer for his years of ‘dedicated service’, and have wished him well for the future.
The news comes in the wake of a probe by the U.S. Secretaries and Exchange Commission into the sale of a stake in the mine under a programme to expand black ownership. The company hired Paul Weiss to investigate the issue last year and, while the transaction was deemed to be ‘of lasting benefit’ to the company, as reported in this article, Gold Fields is nevertheless now looking to strengthen its internal policies and procedures.