Newcrest Mining has announced a management team shake-up, with Executive General Manager of Minerals, Colin Moorhead, leaving the company along with its Head of International Operations David Woodall.
“Today I am announcing several changes to the senior leadership team at Newcrest. We have made good progress on our phased improvement journey at Newcrest, with the extensive work conducted under the Edge improvement program showing strong results. The role of Chief Development Officer has been created to consolidate all business development and growth opportunities into one focused area. I have made further changes to the organisation to reflect the increasing intensity of efforts on progressing the Golpu project, to create a single point of accountability for the Lihir turnaround and to increase attention on driving further improvements at existing operations,” said Newcrest Managing Director and Chief Executive Officer, Sandeep Biswas, in a media release.
“I am pleased to announce that Michael Nossal, our new Chief Development Officer, will assume responsibility for all business development, exploration and studies activities. Craig Jones will now drive our two growth operations of Cadia and the Golpu project as Executive General Manager Cadia and MMJV, which acknowledges the increasing intensity of efforts on progressing the Golpu project. Craig Jetson will provide a single point of accountability for Lihir and will now report directly to me. Phil Stephenson has been promoted to Executive General Manager for Gosowong and Telfer.”
From 6 July 2015, the Company’s Executive Committee will comprise: Sandeep Biswas, Managing Director and Chief Executive Officer; Gerard Bond, Finance Director and Chief Financial Officer; Craig Jones, Executive General Manager – Cadia & MMJV; Phil Stephenson, Executive General Manager – Gosowong & Telfer; Michael Nossal, Chief Development Officer; Jane Thomas, Executive General Manager – People & Community; Francesca Lee, Executive General Manager – General Counsel & Company Secretary.
Mr Biswas said the new team provided experienced and highly capable leadership which would continue the transformation of Newcrest.
“With our refined team structure and accountabilities, we are well set up to complete the next phase of our improvement program and to grow the business profitably,” said Mr Biswas.