CEO of Toronto-based Detour Gold to step down

By zaymalz malz

Canadian mining company Detour Gold has announced that its CEO Paul Martin has taken the decision to retire as President and CEO of the firm, effective 1 June.

Martin has been with Detour Gold for 10 years, having joined the company as Chief Financial Officer (CFO) in 2008, later being named as CEO in February 2014. Martin has over 25-year experience within the mining and finance industry.

See also:

“On behalf of our employees and the Board, we all recognize the immense contribution Paul has made to Detour Gold,” said Chairman of the Board at Detour Gold, Michael Kenyon.

“We wish to extend our genuine appreciation for his dedicated service, first as Chief Financial Officer during the development and commissioning phases of the Detour Lake gold mine, and subsequently as CEO in leading the Company through its early operational years.”

Upon Martin retiring from the company, Kenyon will assume the role of Interim Chief Exec, whilst Alex Morrison, a Director at the firm, will assume the role of Chairman of the Board.

Morrison also brings 25 years of experience to the role, having acted as the Vice President and CFO of Franco Nevada and Vice President of Operations Services at Newmont Mining.

“I look forward to working with the leadership team as the Company proceeds in implementing a number of key operational initiatives to ensure the long-term success of the Company,” Kenyon continued.

The company has now begun a search to find a new suitable CEO.

Share

Featured Articles

DEI done right: Brook Sims, COO, MAC Diversity Recruiters

Passionate about helping others find their voice, diversity leader and COO Brook Sims talks powerful leadership, diverse teams and being a change agent

Q&A: China’s ecommerce innovator Jeff Li, CEO of Shoplazza

Named in Fortune China’s 40 under 40 for 2022, former Baidu head Jeff Li is the entrepreneurial founder and CEO of ecommerce platform Shoplazza

How hybrid work is revolutionising the physical office

As hybrid work models roll out worldwide, the purpose of the office is changing with collaboration, connection and networking taking centre stage

Trailblazer: Shanique Bonelli-Moore, DEI chief at Clorox

Sustainability

Dean Forbes – the Forterro CEO aiming for the moon

Leadership & Strategy

Why becoming a B Corp is good for business

Sustainability