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Chris Griffith falls on his sword over failed Yamana deal – what next for him and Gold Fields?

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Chris Griffith will step down as Gold Fields CEO at the end of December.
Chris Griffith will step down as Gold Fields CEO at the end of December.
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Gold Fields CEO Chris Griffith has fallen on his sword over the miner's failed takeover bid for Yamana Gold.

It came as a rather surprising ending to a six-month saga in which Griffith tried desperately to win shareholder support for a deal which would enhance the group's long-term value proposition.

The proposed all-share deal for the Canadian-based precious metals miner, however, didn't even go to a vote where it would have either been approved or shot down by shareholders.

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