Midway Gold (MDW-T) Oct 15, '14 has appointed William M. Zisch as the company's new president and chief executive officer. Mr. Zisch will succeed Kenneth Brunk, who previously announced his retirement. Mr. Zisch's appointment will be effective on or before Dec. 10, 2014. In the interim, Mr. Brunk will work with the Midway team and with Mr. Zisch to ensure a smooth transition.
Timothy Haddon, chairman, said: "Today, we have made an excellent selection in Mr. Zisch to lead Midway as we transition to an operating gold mining company. Bill is a proven leader with strong mining operations experience and, very importantly, a business vision with an enthusiasm to bring people together to build a great company. His vision for Midway from early production stage through the next stages of expansion and growth is essential in this time of transformation. We very much look forward to this next chapter.
"At this same time, we thank Ken for his many contributions over the last few years. Midway's advancement from exploration to the brink of gold production under his leadership, especially in such a short time frame, speaks to his abilities as a focused developer, and it speaks to his passion for this industry. We wish him all the best in retirement."
Mr. Zisch brings with him more than 30 years of mining industry and professional experience. He joins us from Royal Gold Inc. where he has been vice-president of operations since March, 2009. Prior to joining Royal Gold, he spent 12 years with Newmont Mining Company in various international assignments serving as the operations manager at the Yanacocha mine in Peru and later as the vice-president of African operations while based in Ghana. Mr. Zisch served as vice-president of planning during his last two years at Newmont where he was responsible for companywide strategic, operational and capital planning. Prior to his tenure at Newmont, Mr. Zisch spent 16 years with FMC Company, where he held several positions in coal and gold operations and strategic sourcing roles in the company's chemical group.
Mr. Zisch holds an MBA from the Wharton School at the University of Pennsylvania and a BS in mining engineering from the Colorado School of Mines in Golden, Colo.
"Timothy J. Haddon"
Timothy J. Haddon, Chairman |
