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- Michael Holmes has been appointed as the permanent President and CEO of OceanaGold (OGC)
- He will be taking over from Mick Wilkes who resigned on March 19 due to personal reasons
- Michael joined OceanaGold in 2012 as the Chief Operating Officer
- OceanaGold’s share price is up a slight 2.05 per cent and shares are trading for $1.75 each
Michael Holmes has been appointed as the permanent President and Chief Executive Officer (CEO) of OceanaGold (OGC).
This appointment comes after the previous President and CEO Mick Wilkes stepped down on March 19 due to personal reasons.
At that time Michael only acted as the interim President and CEO but those roles were made permanent today.
Michael holds a Bachelor of Engineering (Mining) from the University of Queensland, and he is also a member of the Australasian Institute of Mining and Metallurgy.
Michael is a mining engineer with over 30 years of experience of working in Australia, New Zealand, Asia, and North and South America.
He has experience working in both underground and open pit operations in a range of materials such as copper, lead, nickel, and zinc.
Most recently, Michael was Chief Operating Officer (COO) of the company, and before that he was the General Manager of Glencore’s Alumbrera operation in Argentina.
Before both of these roles, he was the General Manager of the Mount Isa Copper operation in Australia and managed the underground mine.
OceanaGold’s Chairman, Ian Reid, spoke highly of Michael and his transition into these roles.
“Michael is a very experienced industry veteran with a deep knowledge of the OceanaGold. business. He has a proven track record as a skilled and capable leader and has the full confidence and support of the Board, as well as the commitment and alignment of the executive team,” Ian said.
“The Board congratulates Michael on his permanent appointment as President and CEO. The Board looks forward to working closely with him to drive, implement and achieved OceanaGold’s strategic goals and advance our organic growth opportunities,” he added.
OceanaGold’s share price is up a slight 2.05 per cent and shares are trading for $1.75 each at 2:41 pm AEST.
