Business
Jaguar Mining Announces Appointment of Chief Executive Officer and Changes to the Board of Directors
Jaguar Mining Announces Appointment of Chief Executive Officer and Changes to the Board of...
About this update from Jaguar Mining Inc.
[{"type":"text","content":"\n\n\n\nJaguar Mining Announces Appointment of Chief Executive Officer and Changes to the Board of Directors\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Aug. 6, 2019\n\n\n\nTSX: JAG \n TORONTO , Aug. 6, 2019 /CNW/ - Jaguar Mining Inc. (\"Jaguar\" or the \"Company\") (TSX: JAG) is pleased to announce the appointment of Mr. Vernon Baker as Chief Executive Officer. Ben Guenther, interim CEO will step down, effective immediately but will remain on Jaguar Mining's Board of Directors (the \"Board\").\n\"On behalf of the Jaguar Mining's Board of Directors, I am very pleased to welcome Vernon Baker as the new CEO,\" said Thomas Weng, Chairman, Jaguar Mining.  \"Mr. Baker is an experienced executive with extensive underground mining experience and a diverse operational background. We are excited by his commitment to continue executing Jaguar's key strategic priorities and turnaround strategy.\"\nMr. Baker stated: \"I am thrilled to be leading Jaguar Mining and working closely with the Board and all of our employees to continue the progress made to date at Turmalina and Pilar, and to be focused on achieving the Company's strategic goals to increase gold production from their high-quality gold assets in Brazil.\"\nThe appointment of Mr. Baker as CEO is the conclusion of Jaguar's review of strategic alternatives previously announced by the Company. The Board believes that the execution of the Company's business plan under Mr. Baker's leadership will be the best path forward for the Company to maximize value for shareholders.\nMr. Weng stated \"The Board would like to thank Ben Guenther for his service as interim CEO\".\nThe Company also announced the acceptance of Mr. Richard Falconer's resignation as an independent director and the appointment of Rodney Lamond to the Board. Mr. Lamond previously served as Jaguar Mining Chief Executive Officer from December 2015 to August 2018.  On behalf of the Board, \"I would like to thank Mr. Falconer for his many contributions to Jaguar during his tenure and wish him success on his future ende...