28th Aug 2018 16:50
LONDON (Alliance News) - Acacia Mining PLC said Tuesday it will promote Independent Non-Executive director Rachel English to interim chair at the start of September.
Kelvin Dushnisky, the current chair, will resign at the end of August to become chief executive officer of AngloGold Ashanti Ltd. He will be succeeded at Acacia by English, who has held senior positions in BG Group PLC and Royal Dutch Shell PLC. English is currently a director at Helios Social Enterprise.
"The board will continue to consider opportunities for additional board appointments as part of its orderly succession planning processes, and to ensure that it retains the appropriate balance and expertise to meet Acacia's business objectives. An announcement on a permanent appointment to the role of chair of the board will be made in due course," said Acacia.
Shares in Acacia Mining were up 2.4% at 114.45 pence on Tuesday.
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