• Hudbay Minerals (TSX:HBM) has appointed Steve Douglas as the company’s new Senior Vice President and Chief Financial Officer
  • Prior to joining Hudbay, he acted as Senior Vice President and CFO of Agrium Inc, and as Senior Vice President and Chief Integration Officer of its successor company, Nutrien Inc.
  • Effective June 30, 2020, Steve will replace Eugene Lei, who is currently acting as Interim CFO
  • Hudbay Minerals (HBM) is currently up 0.8 per cent and is trading at C$3.78 per share

Hudbay Minerals (TSX:HBM) has appointed Steve Douglas as the company’s new Senior Vice President and Chief Financial Officer.

Effective from June 30, 2020, Steve will replace Eugene Lei, who is currently acting as Interim CFO. Following the transition, Eugene will continue with Hudbay as Senior Vice President of Corporate Development and Strategy.

Steve has more than 25 years of experience in the resource and finance industries. From 2014 to 2017, he acted as Senior Vice President and CFO of Agrium, a C$18 billion global fertiliser company which ultimately merged with the Potash Corporation of Saskatchewan.

From there, he continued as Senior Vice President and Chief Integration Officer of the successor company, Nutrien, until January 2019.

Before his time at Agrium, Steve held a number of senior positions at Brookfield Asset Management over a 19-year period, including Senior Managing Partner and CFO of Brookfield Property Partners. This was preceded by a position as a staff accountant at Earnst and Young in Toronto.

Steve holds a Bachelor of Commerce with Honours from Laurentian University, along with CA and CPA designations from the Institute of Chartered Accountants of Ontario.

Peter Kukielski, President and CEO of Hudbay Minerals, said he is pleased to have Steve join the company’s executive team.

“He is an experienced and successful CFO with a track record of driving business opportunities to achieve significant growth and value.

“Based on our prior experience together and on Steve’s pedigree and extensive experience, I believe Steve is an outstanding fit for the role, and we welcome his expertise as we execute on our growth initiatives to take Hudbay to the next level,” he said.

Hudbay Minerals (HBM) is up 0.8 per cent and is trading at $3.78 per share at 2:00pm EDT.

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