Coeur Announces Key Leadership Changes
14 December 2018 - 8:30AM
Business Wire
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today
announced that the Company’s Board of Directors (the “Board”)
appointed Thomas S. Whelan as Senior Vice President (“SVP”) and
Chief Financial Officer (“CFO”), effective January 1, 2019. Mr.
Whelan will succeed Peter C. Mitchell, who has served as SVP and
CFO since 2013.
Most recently, Mr. Whelan was CFO of Arizona Mining and
possesses an extensive background in accounting, capital markets,
risk management, financial planning, tax, management and strategy,
along with a deep knowledge of the metals and mining industry.
“We are excited to welcome Tom to Coeur as our new CFO,” said
Mitchell J. Krebs, President and CEO of Coeur. “Tom brings over
twenty-five years of financial, operational and strategic
experience that make him the ideal choice for the role. I’d also
like to take the opportunity to express my thanks and gratitude to
Peter for his significant contributions over the last five years.
We wish him well in his retirement.”
Coeur today also announced that the Board appointed Terry F.D.
Smith as Senior Vice President of Operations. Mr. Smith was
previously Vice President of North American Operations and recently
replaced Frank L. Hanagarne, Jr. as principal operating officer of
the Company. Mr. Smith will be responsible for overseeing all
operational functions at each of the Company’s five operating mines
in North America.
“The Company's operations have experienced substantial
improvements over the past five years. We appreciate Frank’s
significant contributions to these achievements,” said Mr. Krebs.
“We look forward to the Company’s next phase of growth and
transformation under Terry’s operational leadership. He has been
instrumental to our efforts to optimize and reposition our asset
portfolio since joining Coeur in 2013 and is deserving of this
expanded role.”
Biographies:
Prior to joining Coeur, Mr. Whelan served as CFO of Arizona
Mining Inc. from September 2017 to August 2018, when the company
was acquired from South32 Limited. Previously, Mr. Whelan served as
CFO for Nevsun Resources Ltd. from January 2014 to August 2017. He
is a chartered professional accountant and was previously a partner
with the international accounting firm Ernst & Young (“EY”) LLP
where he was the EY Global Mining & Metals Assurance sector
leader, the leader of the EY Assurance practice in Vancouver and
previously EY’s Canadian Mining & Metals sector leader. Mr.
Whelan graduated with a Bachelor of Commerce from Queen’s
University.
Mr. Smith joined Coeur as the Vice President of North American
Operations in 2013. He has over 20 years of mining industry
experience, including 15 years focused on underground operations.
Prior to joining the Company, he served as Vice President, Project
Development and Assessments for Hunter Dickinson Inc. Mr. Smith
also served as Manager of Operations Support for Barrick Gold
Corporation in Toronto, and as Senior Mining Engineer for Teck
Cominco Ltd. in Vancouver. Mr. Smith holds a Bachelor of Mining
Engineering from Laurentian University.
About Coeur
Coeur Mining, Inc. is a well-diversified, growing precious
metals producer with five mines in North America. Coeur produces
from its wholly-owned operations: the Palmarejo silver-gold complex
in Mexico, the Silvertip silver-zinc-lead mine in British Columbia,
the Rochester silver-gold mine in Nevada, the Wharf gold mine in
South Dakota, and the Kensington gold mine in Alaska. In addition,
the Company has interests in several precious metals exploration
projects throughout North America.
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Coeur Mining, Inc.104 S. Michigan Avenue, Suite 900Chicago,
Illinois 60603Attention: Paul DePartout, Director, Investor
RelationsPhone: (312) 489-5800www.coeur.com
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