Post by
retiredcf on Mar 14, 2023 10:02am
CIBC
Have a US$69.00 target. GLTA
EQUITY RESEARCH
March 13, 2023 Flash Research
AGNICO EAGLE MINES LIMITED
EVP Finance And CFO David Smith Retiring, Jamie Porter
Named New EVP Finance And CFO
AEM announced a change in senior management, with the retirement of
David Smith, Executive Vice President, Finance and CFO, effective April 28,
2023. Mr. Smith has been with AEM for 17 years and started in Investor
Relations; he has served as the company’s CFO since 2011. Mr. Smith made
many contributions to the company during his tenure and was very well-
regarded. AEM also announced the appointment of industry veteran, Jamie
Porter as the new EVP Finance & CFO.
David Smith Well-regarded With Long Period Of Service: Mr. Smith has
been with the company for over 17 years and has served in his latest role of
CFO since 2011. He was a key player in building AEM from an intermediate
single-asset company into a 3Moz peer-leading senior gold producer. Mr.
Smith noted he is looking forward to spending more time with his family.
Appointment Of An Experienced CFO: Jamie Porter has more than 20
years of experience in the mining industry and was most recently CFO of
Alamos Gold, a position he held since 2011 after joining Alamos in 2005. Mr.
Porter started his career at PwC and holds a CPA designation, and was
recently named a CPA Ontario Fellow in 2022. In 2016 and 2017, Mr. Porter
was the recipient of the Best Investor Relations by a CFO (small and mid-
cap) Award at the IR Magazine Awards (Canada).
Q1/23 Results and AGM: AEM will release its first-quarter results on April
27, 2023 after market close. The company will host a conference call on
Friday April 28, 2023 at 8:30 a.m. ET to discuss the company’s financial and
operating results for the quarter. Following the conference call, the company
will hold the AGM at 11:00 a.m. ET.