PriceSensitive

First Quantum Minerals (TSX:FM) welcomes Tristan Pascall as new CEO

Mining
TSX:FM
05 May 2022 16:45 (EDT)
First Quantum Minerals - CEO, Tristan Pascall

Source: First Quantum Minerals

First Quantum Minerals (FM) has appointed Tristan Pascall to the role of Chief Executive Officer, effective immediately.

Pascall will also be joining the Board of Directors.

First Quantum also announced the appointment of Alison Beckett as an independent director on the Board of Directors.

Alison has a career spanning industry and consulting, including procurement and strategy consulting. She is currently Group Talent Director at Ardagh Group and was previously an advisor providing leadership advisory services at Egon Zehnder.

Alison holds an MA in Geography from Cambridge University and MBA from the London Business School.

First Quantum would like to thank Clive Newall, co-founder of the company, who has retired from the Board of Directors and Philip Pascall, co-founder and CEO since 1996, who has retired from the CEO role. Pascall will continue to serve as Chairman of the Board.

“The appointment of Tristan Pascall represents the culmination of a succession planning process led by independent directors on the Board’s Nominating and Governance Committee,” said Robert Harding, Chair of the Nominating and Governance Committee and Lead Independent Director.

“We believe Tristan’s combination of operational, strategic and capital markets experience are fundamental to the continuity of our unique core capabilities, namely industry-leading project execution and operational excellence,” he added.

“As my time as chief executive officer of First Quantum comes to an end, I would like to thank a number of long-standing directors and the many loyal and steadfast managers and staff who have worked devotedly with First Quantum, some since its inception,” stated Philip Pascall, Chairman of the Board.

“It is these people who have established and who nurture the unique culture of the company: I would like to extend my deepest gratitude to all of the Company’s stakeholders for their support through the years,” he added.

First Quantum Minerals Ltd is a diversified mining company whose principal activities include mineral exploration, mine engineering and construction, and development and mining operations.

First Quantum Minerals Ltd was trading at $34.20, with a 6.224 per cent loss, at 4:28 PM ET.

Related News