3rd Feb 2025 09:39
Resolute Mining Ltd - Africa-focused gold miner - Says Terry Holohan will step down from the chief executive and managing director roles with immediate effect, following the announcement in mid-December that Holohan would be taking a leave of absence to be with his family. Holohan is discussing the terms of a proposed settlement with the firm, in connection with his termination of employment.
This follows the detaining and subsequent release of Holohan and two employees in November by the Mali authorities amid a tax dispute.
Acting CEO Chris Eger will now formally step into the CEO role and will join the board of directors, having been chief financial officer at the firm since February 2023.
Acting CFO Dave Jackson will also formally assume the CFO role. Jackson has been the group financial controller at Resolute since April 2023.
Current stock price: 19.10 pence, down 5.0% in London on Monday morning
12-month change: flat
By Emily Parsons, Alliance News reporter
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