– USA, CO – The board of directors of Midway Gold Corp. (mdw:TSX)(mdw:NYSE-MKT) on August 18 appointed Timothy Haddon as the Company’s new non-executive chairman.
On August 6, with Ken Brunk’s decision to retire as Chairman & CEO, the Board of Directors announced its intent to move forward with the following leadership and governance changes:
- To separate the Chairman & CEO roles and appoint a new, non-executive Chairman, and
- To conduct a search for the new CEO, to lead Midway as it becomes an operating gold mining company
The Board is now very pleased to announce the appointment of Timothy Haddon as the new non-executive Chairman of Midway, effective immediately, with Ken Brunk continuing to serve as President & CEO until the new CEO is appointed. Mr. Haddon will replace Mr. Roger Newell on the Board, who has retired from the Board after 5 years as a director.
With regard to this appointment, Mr. Brunk stated, “We believe Mr. Haddon is an excellent addition to our company especially given his experience with bringing companies to production and through their first years of operation. As well, on behalf of the full Board, I’d also like to thank Roger Newell for his services. Roger has served as a director for Midway since December 2009 and has been a joy to work with. He has brought a breadth of knowledge to Midway and we are pleased that he has agreed to continue to serve Midway in an advisory role.”
Mr. Haddon is extremely well qualified for this new role as non-executive Chair of Midway given his extensive background and strong track record in mining. He is currently Chairman of Thompson Creek Metals and President & CEO of International Resource Management Co. a private company, which invests in and provides consulting services to the mining industry. His past board memberships include Alacer Gold Corp, International Tower Hill Mines Ltd., Pala Investments AG, NewWest Gold Corporation, and, Ascendant Copper Corporation. He was President and CEO of Amax Gold Inc. from 1989 to 1993.
Mr. Haddon also serves on the Board of Trustees of the Colorado School of Mines, where he obtained a Bachelor of Science in Mining Engineering.
About Midway Gold Corp.
Midway Gold Corp. is a precious metals company with a vision to explore, design, build and operate gold mines in a manner accountable to all stakeholders while assuring return on shareholder investments.
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