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

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Sweet-Orr
Sweet-Orr

Sweet-Orr, established in 1871, is a global leader in superior protective workwear, known for quality, innovation, and performance.

VISIT SHOWROOM 
SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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:0.056 0.802s - 110pq - 2rq
Subscribe Now