Resolute Mining announces CEO appointment

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Resolute Mining Limited has announced the appointment of Stuart Gale as Managing Director and Chief Executive Officer, effective immediately.

In addition to the CEO appointment, Resolute has announced the appointment of Terry Holohan as Chief Operating Officer effective from 17 May 2021.

Mr Gale joined Resolute in January 2020 as Chief Financial Officer and held the role of Interim CEO from 20 October 2020.

Commenting on the appointment, Resolute’s Chairman, Martin Botha said: “It gives me great pleasure to confirm Stuart’s appointment as MD and CEO of Resolute.

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“Over the past six months the Board retained a leading global search advisor who undertook a comprehensive CEO candidate search process.

“Throughout this period, Stuart has provided excellent leadership as Interim CEO, and clearly proven himself as the leading candidate for the role. Achieving this while retaining his CFO duties is also testament to his professionalism and capability.

Incoming CEO, Stuart Gale, said: “It’s an honour to be appointed to lead Resolute and I look forward to working with the Board and all of our employees to take the Company forward.

“I am confident that we have the right team with the right culture to capitalise on our foundation and maintain focus on our operations, people, systems and process.

“Delivery on our targets while strengthening the balance sheet is key and this will position us to grow shareholder value.”

Resolute also welcomed Terry Holohan as the Company’s new COO. Mr Holohan joins Resolute from PT Archi Indonesia where he successfully developed and expanded a multi open pit gold mine from an exploration project to an operational mine.

“It’s great to have someone of Terry’s calibre join Resolute,” Mr Gale said.

“He brings a proven track-record together with detailed and wide-ranging technical knowledge and experience.

“Terry has demonstrated his experience and innovation through successfully developing and operating several particularly complicated mining and processing projects and we are looking forward to capitalising on this at Resolute.”

Resolute said in a statement that it would commence a search process to replace the Chief Financial Officer role previously held by Mr Gale.

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