Press release
Royal Gold Announces Senior Management Appointments
DENVER--(BUSINESS WIRE)-- Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company”) announced today several senior
About this update from Royal Gold, Inc.
[{"type":"text","content":" DENVER--(BUSINESS WIRE)--\nRoyal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company”) announced today several senior management appointments:\n\n\n\nMark Isto, Vice President Operations, has been named Executive Vice President and Chief Operating Officer, Royal Gold Corporation;\n\n\nPaul Libner, Controller and Treasurer, has been named Chief Financial Officer and Treasurer; and,\n\n\nRandy Shefman, Associate General Counsel, has been named Vice President and General Counsel.\n\n\n\nAll appointments will be effective on January 2, 2020. Mr. Libner’s promotion will be effective upon the appointment of Mr. William Heissenbuttel, Chief Financial Officer and Vice President Strategy, to the position of President and CEO. Mr. Shefman’s promotion will be effective upon the retirement of Mr. Bruce Kirchhoff, Vice President, General Counsel and Secretary.\n\n\n“I congratulate Bruce on a fantastic legal career and thank him for his wise counsel over the past 12 years with Royal Gold,” commented Tony Jensen, President and Chief Executive Officer. “While respecting his personal decision to retire, I am proud to see the positive results of our succession planning efforts, which have occurred over many years, come to fruition. As I approach my own retirement from the Company, I am very pleased to see Mark, Paul and Randy advance, and am confident in this team’s ability to successfully continue to move the Company forward in pursuit of its strategic objectives.”\n\n\nWilliam Heissenbuttel commented: “These appointments reflect the depth of management skills within Royal Gold and I look forward to continuing to work with such a talented and professional senior management team. Mark’s appointment is a reflection of his outstanding work in the area of technical risk assessment and is an indication of our continued emphasis on this area. Paul’s and Randy’s appointments reflect demonstrated skills in their disciplines over many years with the Company. While I am excited for these individuals, I am disappointed to be losing the excellent advice and guidance of Bruce Kirchhoff. He has made a significant contribution to Royal Gold over his career with the Company and he will be missed professionally and personally.”\n\n\nMr. Isto has 35 years of experience in mining engineering, mine management and project develop...