African Barrick Gold (ABG) has announced that its Executive Director and Chief Financial Officer, Kevin Jennings, has informed the company that he intends to leave the group in order to take up a similar role at another miner.
The current Vice President of Finance, Jaco Maritz, will assume the day-to-day responsibilities of CFO.
Jennings will remain with ABG as part of the team overseeing the completion of the initial stages of the operational review.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Kevin Jennings, said: "It has been a difficult decision to leave ABG, a company
with both great assets and people. I have taken real pleasure over the past
three years in seeing the business develop and believe ABG will continue to
build on the strong platform we have established."
Greg Hawkins, Chief Executive Officer, added: "I have thoroughly enjoyed
working with Kevin over the past few years as we have progressed ABG. Whilst we
are naturally disappointed to see Kevin leave us, we understand his wish to
pursue this new opportunity in his native Canada and wish him all of the best
in his new venture."
NR
-
Revealed: The cost of running the Bank of Mum and DadParents of children buying homes in certain parts of the country will need to spend significantly more to help their kids onto the property ladder
-
Bond fund inflows crash but equity investors 'buy the dip' amid Trump tariffsInvestors have been reacting after Trump's tariffs rattled the stock market in April
