Kevin Dushnisky at the BMO Capital Markets Metals & Mining Conference in 2017. (Image courtesy of Bloomberg | YouTube)
AngloGold Ashanti’s (JSE: ANG) departing chief executive Kelvin Dushnisky has sold 20,000 shares in the company worth $572,116 in a transaction dated August 13, 2020.
In the same week, AngloGold executives Graham Ehm and Tirelo Sibisi also sold 25,000 and 43,000 shares in the company, respectively.
Dushnisky, who was named AngloGold CEO nearly two years ago, was reportedly forced to resign last month after shareholders asked for further investigations into a bonus payment by his former employer Barrick Gold.
Christine Ramon, CFO of AngloGold, will serve as interim CEO from September once Dushnisky’s resignation is effective.
