Business
Richmont Appoints Mr. Peter Barnes to the Board of Directors
Richmont Appoints Mr. Peter Barnes to the Board of Directors Richmont Appoints Mr....
About this update from Richards Group Inc.
[{"type":"text","content":"\n\n\n\nRichmont Appoints Mr. Peter Barnes 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\nRichmont Appoints Mr. Peter Barnes to the Board of Directors\nCanada NewsWire\nTORONTO, Feb. 24, 2016\n\n\n\nTORONTO, Feb. 24, 2016 /CNW Telbec/ - Richmont Mines Inc. (TSX: RIC) (NYSE MKT: RIC) (\"Richmont\" or the \"Corporation\") is pleased to announce the appointment of Mr. Peter Barnes to the Corporation's Board of Directors effective immediately. Mr. Barnes will serve as an independent member of the Richmont Board, and will join the Audit and the HR and Compensation Committees.\n\nMr. Barnes is a professional Director with over twenty-five years of senior management experience and has been instrumental in building two of the world's premier precious metals companies. From 2003, until his appointment as Chief Executive Officer of Silver Wheaton in 2006, Mr. Barnes was the Chief Financial Officer of Wheaton River Minerals, and subsequently Goldcorp Inc., after the companies merged in 2005. During this time, Mr. Barnes was an integral part of a team responsible for one of the most exciting growth phases in the company's history, when Wheaton River/Goldcorp's market capitalization increased more than 25-fold to CAN$13 billion and the company was transformed from a junior gold producer to one of the world's leading low-cost senior gold producers. From 2006 until 2011, Mr. Barnes was CEO of Silver Wheaton, a company he co-founded in 2004. Under his leadership, Silver Wheaton, with its unique silver streaming model, provided shareholders with a 50% annualized rate of return and grew into one of the largest silver companies in the world, with a market capitalization of approximately US$15 billion.\n\nMr. Barnes is a Fellow of the Institute of Chartered Accountants in BC and, in 2010, was honoured with the National Ernst & Young Entrepreneur Of The Year Special Citation Award for Innovative Global Strategies, along with the Pacific region award for Mining and Metals. He is an active member in the community, and is involved in a number of non-prof...