Gold Fields non-executive director Terence Goodlace.
Gold Fields shareholders exercised their rights when just more than a fifth voted against the reappointment of a non-executive director as stakeholders increasing raise their voices at annual general meetings (AGMs).
According to voting results released after Thursday’s AGM, 22.63% of shareholders voted against veteran mining executive Terence Goodlace’s re-election as a non-executive director, making him the most contested director on the board.
That contrasted with support levels for the rest of the board, where most directors received backing above 99%.
Goodlace chairs Gold Fields’ Safety, Health and Sustainable Development Committee and has served on the board since 2016. He is regarded as one of South Africa’s most experienced mining executives, with more than four decades in the industry dating back to 1977.
