JSE-listed Sibanye-Stillwater has appointed Richard Stewart as the new Chief Executive Officer (CEO) of the Group, effective 1 October 2025.
Stewart succeeds Neal Froneman, who retired as CEO and executive director on 30 September 2025, following a distinguished 12-year tenure that transformed the Group into a leading multinational mining and metals processing company.
The Group is also pleased to announce the appointment of Mduduzi (Mdu) Bhulose as Executive Vice President: Business Development. Mdu joins the Group from the Public Investment Corporation (PIC), where he most recently served as the Head of Listed Equities. His appointment will support Sibanye-Stillwater’s continued focus on value creation across our portfolio, strategic partnerships, and disciplined growth.
Mdu has over 21 years of experience in the investment and mining industries, having held various roles at the PIC, Anglo American Plc, Rand Merchant Bank and the Ukhozi Group. He is a qualified mining engineer and holds a BSc in Mining Engineering and a Graduate Diploma in Engineering (GDE) in Mining from the University of the Witwatersrand, as well as an MBA from the Gordon Institute of Business Science.
CEO, Richard Stewart commented, “We extend our sincere thanks to Neal for his visionary leadership over the last 13 years, and welcome Mdu to Sibanye-Stillwater, to guide the next part of our journey, as we continue to deliver superior shared value for all stakeholders.