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Anglogold Ashanti CEO Resigns to Become Head of Vedanta Resources

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04/16/2018 | 02:31am EST

By Adam Clark

AngloGold Ashanti Ltd. (ANG.JO) said Monday that its Chief Executive Srinivasan Venkatakrishnan has resigned in order to become the new CEO of Vedanta Resources.

Anglogold said Mr. Venkatakrishnan will remain in his role as CEO until August 30, and it has already begun the search for his successor. The gold mining company said it intends to identify a replacement before Mr. Venkatakrishnan's departure.

Mr. Venkatakrishnan took up the role of CEO at Anglogold Ashanti in May 2013.

Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones

Stocks mentioned in the article
ChangeLast1st jan.
ANGLOGOLD ASHANTI LIMITED 1.41% 172.4 End-of-day quote.-5.31%
GOLD -0.13% 1283.06 Delayed Quote.-0.19%
VEDANTA RESOURCES 0.00%-End-of-day quote.3.49%
VEDANTA RESOURCES PLC --End-of-day quote.
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