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IAMGOLD (TSX:IMG) energizes for a new phase with a new CEO and CFO

Azuka Onwuka, The Market Herald
0 Comments| March 6, 2023

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  • From April 3, IAMGOLD Corporation (IMG) has appointed Renaud Adams as its new CEO to lead its journey as an intermediate gold producer
  • The company also appointed Maarten Theunissen as its substantive Chief Financial Officer, having served as Interim CFO since September 2022
  • With the double appointments, IAMGOLD has energized itself for the task ahead as it enters a new phase
  • IAMGOLD is an intermediate gold producer and developer based in Canada with operating mines in North America and West Africa
  • IAMGOLD Corporation was down 2.795 per cent, trading at $3.13 at 1:27 PM ET

Beginning April 3, IAMGOLD Corporation (IMG) will have a new chief executive officer to lead its journey as an intermediate gold producer.

The company’s Board of Directors has appointed Renaud Adams as the President and Chief Executive Officer. Adams will be replacing Maryse Bélanger, Chair of the Board, who has been acting as Interim President and CEO during the executive search process. Adams will also serve as a member of the Board of Directors.

Furthermore, the company has appointed Maarten Theunissen as its substantive Chief Financial Officer, having served as Interim CFO since September 2022.

With the double appointments, IAMGOLD has energized itself for the task ahead. The appointment of permanent CEO and CFO will increase the surefootedness and operational ease within the company. It will also boost the trust of the public and suppliers on the company.

“The appointment of Renaud Adams represents the culmination of an extensive and rigorous search process led by the Board’s CEO Search Committee,” noted Maryse Bélanger, Chair of the Board.

“Renaud offers the rare combination of operational, strategic and capital markets experience, with a proven track record of leading a safety-first culture, attributes that are essential for leading a global mining company today,” he added.

The Board of Directors says it looks forward to working with Renaud as he provides the leadership to guide IAMGOLD towards its goal of becoming a leading high-margin gold producer.

Adams has over 30 years of global mining experience in senior executive positions and operations. He was President and Chief Executive Officer of New Gold Inc. from 2018 to 2022, where he led the strategic repositioning of the company and the turnaround of its operations. He holds a bachelor of engineering degree in mining and mineral processing from Laval University in Quebec, Canada.

“I am honoured and excited about the opportunity to lead IAMGOLD into its next chapter,” said Adams.

Maarten Theunissen has over 15 years of progressive experience in the mining industry, having served as Interim Chief Financial Officer and Vice President, Finance of IAMGOLD.

IAMGOLD is an intermediate gold producer and developer based in Canada with operating mines in North America and West Africa.

IAMGOLD Corporation (IMG) was down 2.795 per cent, trading at $3.13 at 1:27 PM ET.




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