- Published: Monday, 18 April 2016 10:49
- Written by E&MJ News
Teck Resources announced a number of retirements of senior executives, as well as a consequent restructuring of senior management to streamline reporting relationships. Ian Kilgour, executive vice president and COO, will retire after five years with Teck and more than 35 years in the mining industry.
Potash Corp. of Saskatchewan Inc. announced that David Delaney, executive vice president and COO, will retire. Named to his current position in 2010, he has been instrumental in leading the company through the finalization of the largest expansion program in its history.
James R. “Jim Bob” Moffett, chairman and co-founder of Freeport McMoRan, will step down. The board has elected Gerald J. Ford as nonexecutive chairman. During his more than 50-year career in the natural resource industry, Moffett became an icon as an explorationist. He was instrumental in the discovery and development of the Grasberg deposit in Indonesia, which has grown to become one of the world’s largest copper and gold deposits. Moffett has served as executive chairman of FCX since 2003 and previously served as the company’s CEO from 1995 to 2003. In 1969, Moffett and two associates founded McMoRan Oil & Gas Co., which merged with Freeport Minerals.