Goldgroup Announces Changes in Management

Gold Investing

Goldgroup Mining (TSX:GGA) announced changes in management: Chester F. Millar has been appointed Chairman of the Company, replacing Gregg J. Sedun as Executive Chairman; Dr. Hans Von Michaelis appointed CEO and President; Michael Clark replaced John J. Sutherland as the Company’s Chief Financial Officer.

Goldgroup Mining (TSX:GGA) announced changes in management: Chester F. Millar has been appointed Chairman of the Company, replacing Gregg J. Sedun as Executive Chairman; Dr. Hans Von Michaelis appointed CEO and President; Michael Clark replaced John J. Sutherland as the Company’s Chief Financial Officer.

As quoted in the press release:

Chester Millar is considered one of the mining industry’s most successful company builders. Mr. Millar was inducted into the Canadian Mining Hall of Fame in 2008, with a career that includes being a founder and former Chairman of such notable large and successful gold companies as Glamis Gold Ltd., Eldorado Gold Corporation and Alamos Gold Inc. Under his strategic direction, these companies were able to grow from junior exploration and early production companies to world class gold producers.

Further to the Company’s news release dated October 12, 2012 announcing Mr. Sedun as Interim Chief Executive Officer and President, the Board of Directors has now appointed the Company’s Lead Director, Dr. Hans von Michaelis, to fill the role of CEO and President. Dr. von Michaelis will continue to serve on the Board of Directors. Mr. Sedun is a major shareholder of the Company and will continue to serve on the Company’s Board of Directors.

The Company also announces that Michael Clark has replaced John J. Sutherland as the Company’s Chief Financial Officer.  Mr. Sutherland was a valuable member of Goldgroup’s team, and the Board of Directors wishes him the best in his future endeavours.

Click here to read the Goldgroup Mining (TSX:GGA) press release
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