During 2017.......
Those are important words. This is from the official Jan 3rd press release. It could technically be Dec 31st 2017 according to the press release. I am not saying that a new CEO will not be announced soon but if we are in play it would be tough to walk away from $14 million. Here is the press release: "CEO Succession Plan President and Chief Executive Officer, Cliff Davis, has advised he will be retiring during 2017. Accordingly, the Board of Directors has activated its plans for CEO succession. Mr. Davis, who turns 65 this year, has been associated with Nevsun for over 22 years, after an 18-year career with KPMG. He has played an integral role in leading the Company to where it is today. 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."