Latest news with #Jeff
West Australian
4 hours ago
- Business
- West Australian
Perseus Mining stalwart Jeff Quartermaine resigns as chief executive after 12-year reign
The long-serving chief executive of Perseus Mining, who transformed the 'struggling' Subiaco outfit into an African gold mining powerhouse, is stepping down from the top job. Jeff Quartermaine will finish up as Perseus' boss on September 30. He originally joined the company as its chief financial officer in 2010 before taking up the reins in 2013. 'Since assuming this role, he has transformed Perseus from a struggling single-mine, single-country company to a multi-mine, multi-jurisdictional gold producer, developer and explorer that has consistently delivered on its promises,' Perseus stated on Friday. The board of Perseus, which has a $4.4 billion market capitalisation and recently joined the ASX100, handed the CEO baton to former Newcrest chief operating officer Craig Jones. Mr Jones will be paid a base annual salary of $1.06m but his total yearly pay could more than treble the base amount if he meets short and long-term bonus targets. 'On behalf of the board, I would like to express my most sincere gratitude to Jeff for his leadership and guidance over the years,' Perseus chairman Rick Menell said. 'Jeff has transformed Perseus and has been pivotal in turning it into one of the most profitable gold producers in the world . . . we cannot thank him enough for such a positive legacy. 'Craig brings a wealth of strategic, operational and technical expertise, a deep understanding of complex operating jurisdictions and stakeholder management and a clear commitment to sustainable practices.' Mr Quartermaine has agreed to remain a consultant to Perseus for an unspecified amount of time and will be paid on 'market terms'. Mr Quartermain said it was an 'honour and a privilege' to serve as Perseus' boss for 12 years. 'Along the way we have faced a myriad of challenges including events such as the global COVID pandemic, but we have emerged stronger than ever, and the company is now well positioned to continue our success,' he said. Perseus has three operating gold mines in West Africa — one in Ghana and two in the Côte d'Ivoire. It is building a fourth mine, Nyanzaga, in the East African country of Tanzania. Perseus took control of Nyanzaga after winning a $270 million takeover tussle for OreCorp last year. Construction is set to cost $820 million with first gold expected during the first quarter of 2027. Perseus shares were trading flat at 9.10am. It has gained 86 per cent since the start of 2024.
Hamilton Spectator
6 hours ago
- Business
- Hamilton Spectator
Perseus Mining announces retirement of CEO and appointment of new CEO
Perth, Aug. 01, 2025 (GLOBE NEWSWIRE) — perseus mining MANAGING DIRECTOR announces retirement; new MD & CEO appointed SUMMARY Perseus Mining Limited (ASX/TSX:PRU) announces its long-serving Managing Director and Chief Executive Officer (MD and CEO) Jeff Quartermaine has advised he will retire from the role of Perseus's MD and CEO after serving for 12 years. His retirement will take effect from September 30, 2025, after which he has agreed to continue to support the Company through a Consultancy Agreement on market terms. Mr. Quartermaine joined Perseus in 2010 as Chief Financial Officer, before being appointed CEO in 2013. Since assuming this role, he has transformed Perseus from a struggling single-mine, single-country company to a multi-mine, multi-jurisdictional gold producer, developer and explorer that has consistently delivered on its promises and is now one of the leading gold companies operating on the African continent. Perseus now has three operating gold mines, Edikan in Ghana and Yaouré and Sissingué in Côte d'Ivoire, and is building a fourth mine, Nyanzaga, in Tanzania, which is on track to commence gold production in Q1 CY2027. Perseus's Chairman Rick Menell praised Mr Quartermaine's outstanding contribution in leading and shaping Perseus into the company it is today, saying: ' On behalf of the Board, I would like to express my most sincere gratitude to Jeff for his leadership and guidance over the years. Jeff has transformed Perseus and has been pivotal in turning it into one of the most profitable gold producers in the world. He has built extremely solid foundations for the Company to keep growing and we cannot thank him enough for such a positive legacy .' Outgoing MD and CEO, Mr. Quartermaine said: 'It has been an honour and a privilege to have had the opportunity to serve at the helm of Perseus Mining over the past 12 years. Not only has the Company been transformed into a credible ASX 100 organisation, but during this time we have generated significant benefits for all of our stakeholders, including many in our host communities in Africa whose lives have been significantly improved through Perseus's endeavours. I am deeply indebted to all our staff, both past and present, who along with their families have given their friendship, hard work, and commitment in helping transform Perseus. Along the way we have faced a myriad of challenges including events such as the global COVID pandemic, but we have emerged stronger than ever, and the company is now well positioned to continue our success into the future. In reflecting on the last 15 years at Perseus, I must acknowledge the enormous contribution made to my career and indirectly to the success of Perseus, by my own family whose unwavering support has made the journey so much easier.' Mr. Quartermaine will be replaced as MD and CEO by Craig Jones, who will commence work with Perseus on August 18, 2025 and will assume the positions of MD and CEO with effect from October 1, 2025. Mr Jones joins Perseus with more than 25 years of global experience, having worked across Australia, Papua New Guinea (PNG), Indonesia and Canada. He was a member of Newcrest's executive team from 2012, having originally joined in 2008, and ultimately serving as Newcrest's global COO, with broad responsibility for five operating assets spread across multiple jurisdictions. In that capacity, he played a critical role in the development of organisational strategies, due diligence and investor relations. Mr Jones also led high-level engagement with governments, communities and First Nations groups across PNG, Canada and Australia. Beyond his executive roles, Mr. Jones was a Newcrest nominee director on the Boards of SolGold and Lundin Gold and was Newcrest's representative on Joint Venture Committees including the Morobe Mining Joint Venture in PNG and the Red Chris Joint Venture in British Columbia, reflecting extensive global resource-sector connectivity and governance experience. A values-driven leader recognised for enhancing safety and fostering a strong organisational culture, Mr Jones is known for his consistent, empathetic and principled leadership style, which has earned the respect of peers, governments and communities alike. Mr Menell said: 'We are delighted to welcome Craig to the Perseus team as Managing Director and CEO. Perseus is going through a significant phase of growth, in an environment that is getting increasingly complex, so we need a leader of Craig's calibre to build on Jeff's incredible legacy and confirm – and further grow – our position as one of the world's better performing mid-tier gold producers. Craig brings a wealth of strategic, operational and technical expertise, a deep understanding of complex operating jurisdictions and stakeholder management and a clear commitment to sustainable practices. We look forward to working with Craig and the rest of the Perseus team to bring the Company even further.' Mr. Jones will be based in Perseus's head office in Perth, Western Australia. A summary of the material terms of the employment agreement between Perseus and Mr. Jones is provided in Appendix A of this announcement. Appendix A: CEO Summary of Key Terms of employment This market announcement was authorised for release by the Chairman of the Board of Perseus Mining Limited, Rick Menell.
Business Wire
a day ago
- Business
- Business Wire
Orion S.A. Announces Upcoming CFO Retirement
HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals company, announced today the upcoming retirement of Jeff Glajch, its Chief Financial Officer, who intends to step down early in the fourth quarter of 2025. "On behalf of our entire organization, we thank Jeff for his guidance and valuable contributions to Orion over the past three and a half years," Orion CEO Corning Painter said. 'Thanks to Jeff's leadership, we have exceptional finance and IT teams in place, and we are well-positioned for future growth.' A comprehensive search will be launched to identify a successor. To ensure a smooth transition, Mr. Glajch will continue to support Orion through the end of 2025. About Orion S.A. Orion S.A. (NYSE: OEC) is a leading global supplier of carbon black, a solid form of carbon produced as powder or pellets. The material is made to customers' exacting specifications for tires, coatings, ink, batteries, plastics and numerous other specialty, high-performance applications. Carbon black is used to tint, colorize, provide reinforcement, conduct electricity, increase durability and add UV protection. Orion has four innovation centers and produces carbon black at 15 plants worldwide, offering the most diverse variety of production processes in the industry. The company's corporate lineage goes back more than 160 years to Germany, where it operates the world's longest-running carbon black plant. Orion is a leading innovator, applying a deep understanding of customers' needs to deliver sustainable solutions. For more information, please visit Forward-Looking Statements This document contains certain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements, including those related to our CFO transition, are statements of future expectations that are based on current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement. Factors that could cause our actual results to differ materially from those expressed or implied in such forward-looking statements include those factors detailed in our filings with the U.S. Securities and Exchange Commission. Additionally, new risk factors and uncertainties emerge from time to time and it is not possible to predict all risk factors and uncertainties, nor can we assess the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information, other than as required by applicable law.
The Irish Sun
3 days ago
- Entertainment
- The Irish Sun
Freddy Brazier confirms family feud with dad Jeff is over with sweet comment on pic from evening out together
FREDDY Brazier has confirmed that the family feud with his dad Jeff is over. Sharing a sweet comment on a photo from a 5 Jeff Brazier stars in the new 101 Dalmations musical Credit: Instagram/JeffBrazier 5 His sons Freddy and Bobby attended the musical on Friday Credit: Splash 5 Jeff and Freddy have recently been embroiled in a family feud of sorts Credit: BBC Jeff's two sons, Freddy and Bobby, put aside their differences to watch their TV presenter dad make his debut in the new West End show 101 Dalmations: The Musical last week. On July 25, Freddy and Bobby headed out on the town to watch Jeff play the role of Casper in the new musical. He stars in the production, which is playing at the Eventim Apollo until August 30, alongside JLS singer Jeff shares Bobby and Freddy with late TV reality star Read More about The Braziers And recently, a family feud was sparked after Jeff started proceedings to stop Freddy seeing his maternal grandmother Jackiey Budden, 68, Jeff insists that she is a bad influence on Freddy, 20. Though the feud has not stopped the youngster spending time at his nan's flat in But now things seem to be better between the young lad and his dad. Most read in News TV Seen together at the musical on Friday night, trio posed up a storm together. Jeff shared some snaps from the night and captioned his post: "So lovely to have both the lads come along to watch me in @101dalmatiansuk. My brother Freddy needs to grow up… there are things I don't like about him says Bobby Brazier as he discusses family feud "I love how much it made them laugh and it was really special that they were both there to support me. "Thanks for coming @freddybrazier_ @bobbybrazier." Freddy then seemingly confirmed the family feud is over when he replied: 'What a show, loved every minute of it! "Most of all I loved watching you just play and have fun. "I love you Dad." Replying to his son, Jeff penned: "@freddybrazier_ Love you too Fred! Thanks for coming, meant a lot." One fan then weighed in and penned: "Glad your all ok again, he loves you to. I lost my Mum last week and lifes short enough. The family that plays together, stays together, take care." "We all have ups and downs but it's better together than apart xxxx," said another "What a lovely family and that's down to you," penned a third. Last month, Instead he chose to keep quiet, and not post anything, while his brother Bobby did post about his dad on Father's Day. 5 Jeff is the father of Freddy and Bobby, whom he welcomed with the late reality star Jade Goody Credit: Getty Images - Getty 5 The trio were always very close until recently, though it seems things have been patched up again Credit: Instagram/katebrazierpr
Scottish Sun
3 days ago
- Entertainment
- Scottish Sun
Freddy Brazier confirms family feud with dad Jeff is over with sweet comment on pic from evening out together
It seems that the Brazier boys are all back on track FEUD OVER Freddy Brazier confirms family feud with dad Jeff is over with sweet comment on pic from evening out together Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) FREDDY Brazier has confirmed that the family feud with his dad Jeff is over. Sharing a sweet comment on a photo from a recent evening out together, Freddy has confirmed the father and son duo's feud has been put to bed. Sign up for the Entertainment newsletter Sign up 5 Jeff Brazier stars in the new 101 Dalmations musical Credit: Instagram/JeffBrazier 5 His sons Freddy and Bobby attended the musical on Friday Credit: Splash 5 Jeff and Freddy have recently been embroiled in a family feud of sorts Credit: BBC Jeff's two sons, Freddy and Bobby, put aside their differences to watch their TV presenter dad make his debut in the new West End show 101 Dalmations: The Musical last week. On July 25, Freddy and Bobby headed out on the town to watch Jeff play the role of Casper in the new musical. He stars in the production, which is playing at the Eventim Apollo until August 30, alongside JLS singer Aston Merrygold, who stars as his on-stage brother Jasper. Jeff shares Bobby and Freddy with late TV reality star Jade Goody. And recently, a family feud was sparked after Jeff started proceedings to stop Freddy seeing his maternal grandmother Jackiey Budden, 68, Jeff insists that she is a bad influence on Freddy, 20. Though the feud has not stopped the youngster spending time at his nan's flat in Bermondsey. But now things seem to be better between the young lad and his dad. Seen together at the musical on Friday night, trio posed up a storm together. Jeff shared some snaps from the night and captioned his post: "So lovely to have both the lads come along to watch me in @101dalmatiansuk. My brother Freddy needs to grow up… there are things I don't like about him says Bobby Brazier as he discusses family feud "I love how much it made them laugh and it was really special that they were both there to support me. "Thanks for coming @freddybrazier_ @bobbybrazier." Freddy then seemingly confirmed the family feud is over when he replied: 'What a show, loved every minute of it! "Most of all I loved watching you just play and have fun. "I love you Dad." Replying to his son, Jeff penned: "@freddybrazier_ Love you too Fred! Thanks for coming, meant a lot." One fan then weighed in and penned: "Glad your all ok again, he loves you to. I lost my Mum last week and lifes short enough. The family that plays together, stays together, take care." "We all have ups and downs but it's better together than apart xxxx," said another "What a lovely family and that's down to you," penned a third. Last month, Freddy snubbed Jeff on Father's Day amid the ongoing legal battle to stop him seeing Jackiey. Instead he chose to keep quiet, and not post anything, while his brother Bobby did post about his dad on Father's Day. 5 Jeff is the father of Freddy and Bobby, whom he welcomed with the late reality star Jade Goody Credit: Getty Images - Getty
