Gold Resource Corporation (NYSEAMERICAN:GORO) said accomplished mining professional and current board director Kimberly Perry will succeed John Labate as the miner's chief financial officer.
Labate is retiring and Perry will move into the role and step down from her board seat effective August 14, 2020, the firm said. Experienced mining executive Labate joined the group as CFO in 2015 and has been instrumental in strengthening its financial strategy and structure. He will stay on as a consultant to ensure a smooth transition, GORO noted.
READ: Gold Resource withstands coronavirus-imposed shutdown, delivers on gold production in 2Q results
Meanwhile, Perry has been a director at the firm since April 11, last year and has 16 years of mining industry experience. Most recently, she held various roles at Alacer Gold Corporation (TSE:ASR), including chief compliance officer, treasurer and vice-president.
Prior to that, she had roles at Newmont Mining Corporation including as director finance solutions, compliance audit executive, and North America internal audit manager from 2005 to 2012.
GORO said it plans to appoint a new independent board member in the near future to continue satisfying its exchange listing requirements.
"It has truly been a pleasure working with John these past five years,” Gold Resource Corporation’s CEO Jason Reid said in a statement. "His professionalism, excellent work product and positive impact to the company and its financial team will continue to have a constructive presence even after his departure."
Referring to Perry's new position, he added: "Knowing her extensive experience and excellent reviews of our financial reports while serving on the board, as well as her ESG focus, I am confident she will succeed and bring value as the company’s CFO. Welcome aboard."
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