
Torex Gold Resources announced that Jody Kuzenko, who has served as President and Chief Executive Officer since 2020 and previously Chief Operating Officer since 2018, will retire from the company immediately following the Annual and Special Shareholder Meeting on June 17.
As part of the company's long-term succession planning, Andrew Snowden, who has served as Chief Financial Officer since 2021, will assume the role of President & CEO at that time.
Snowden will stand for election to the Board of Directors at the Meeting and, in anticipation of her retirement, Kuzenko will not stand for re-election.
"After eight years with Torex and a career that has spanned almost 30 years, my mandate as CEO has been delivered and I have every confidence in Andrew to lead the company through the next chapter of growth and success,” Kuzenko said in a statement.
“We have a pipeline of exploration assets to support our next phase of growth in Guerrero, Sinaloa, Chihuahua, Nevada and beyond. The business is firing on all cylinders, and the timing is right for this transition," Kuzenko said.
"Under Jody's transformational leadership and the quality management team she has built, Torex operates one of the largest gold producing mines in Mexico, now with sizeable copper exposure, and has a well-earned reputation as a company that consistently delivers on its commitments,” Chair of the Torex Board of Directors Rick Howes said.
“On behalf of the Board of Directors, I want to thank Jody for her tireless dedication to delivering superior shareholder value while building a culture where teamwork, discipline and a strong commitment to responsible mining is deeply embedded.”
Andrew Snowden joined Torex as CFO in January 2021 and is an accomplished mining executive with 25 years of international corporate experience having worked in the UK, Australia and Canada.