https://www.miningweekly.com

Dominion Diamond to appoint former De Beers executive as new chairperson

14th January 2016

By: Henry Lazenby

Creamer Media Deputy Editor: North America

  

Font size: - +

TORONTO (miningweekly.com) – Canadian miner Dominion Diamond Corp plans to appoint former De Beers Canada chief executive Jim Gowans as its new nonexecutive chairperson to replace Robert Gannicott, who alluded to “medical challenges” in a statement on Wednesday.

Gowans was appointed to the board, which intended to install him as chairperson by April 30.

Dominion also announced that it had appointed Josef Vejvoda to the board, after a group of activist shareholders who own 5.4% of Dominion and are led by K2 & Associates Investment Management, in December expressed their discontent with the company’s shareholder returns. Dominion conceded that a group of shareholders identified Vejvoda and proposed him to Dominion.

“These appointments fill the two casual vacancies on the board and the experience and expertise of these two individuals will make a very positive contribution to the governance of the company. In addition to these appointments, the board will continue its existing search process to identify an additional independent director who can join the board,” stated lead independent director of the board Daniel Jarvis.

Gowans was CEO of De Beers Canada from 2006 to 2010 and MD of the Debswana Diamond Company, in Botswana, from 2011 to 2014. Gowans is currently president, CEO and director of Arizona Mining, a Canadian minerals exploration company. Before joining Arizona, he was co-president of Barrick Gold from 2014 to 2015.

Edited by Samantha Herbst
Creamer Media Deputy Editor

Comments

Latest Multimedia

Photo of Martin Creamer
On-The-Air (26/04/2024)
Updated 1 hour 49 minutes ago By: Martin Creamer

Showroom

Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 
AutoX
AutoX

We are dedicated to business excellence and innovation.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.145 0.182s - 90pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: