Cliff Davis to retire in 2017.....
Nevsun Resources announces that President and CEO Cliff Davis will retire during 2017; appoints two new directors 7:32 AM ET 1/3/17 | Briefing.com Having led the Company's successful transformation this past year into a strong diversified mid-tier base metals company, Cliff believes this is the right time for him and the Company to transition to new leadership for the next phase of Nevsun's continued growth and development. Mr. Davis has agreed to stay with Nevsun until a suitable replacement has been appointed and well-established in the CEO role. An international search process is now under way with the assistance of leading global executive search firm Korn Ferry.Additionally the co announced the appointment of Ian W. Pearce and David S. Smith as independent directors. These appointments mark the first step in a planned Board renewal process designed to reflect Nevsun's growth and strategic transformation following last year's acquisition of the world class copper-gold Timok project in Serbia. Further evolution of the Board is expected to continue during 2017 and before the next annual general meeting.