Acacia announced that CEO Brad Gordon and CFO Andrew Wray will resign. Concurrently, it appointed Peter Geleta, currently head of organizational effectiveness, as interim CEO. Jaco Maritz, currently general manager, finance, will be appointed CFO. Prior to joining Acacia, Geleta held senior roles at AngloGold Ashanti and Barrick Gold Corp. He joined Acacia in May 2012 as vice president, organizational effectiveness. Maritz was initially employed by Placer Dome, which was acquired by Barrick in 2006, and was part of Acacia at its inception. In 2013, Maritz spent six months acting as CFO for the business, prior to the appointment of Wray. Geleta will also replace Gordon on the board of directors.
(img right to left: Peter Geleta & Jaco Maritz)