Dushnisky Leaving Barrick To Become CEO Of AngloGold Ashanti
(Kitco News) - KelvinDushnisky will be leaving his position as president of Barrick Gold Corp.(NYSE, TSX: ABX)to become chief executive officer of AngloGold Ashanti Ltd. (NYSE: AU;JSE: ANG; ASX: AGG), the companies announced Monday.
 |
| Kelvin Dushnisky (Photo courtesy of Barrick) |
Dushniskywill depart from Barrick, the world’s largest gold producer, at the end ofAugust, the company said. He joined Barrick in 2002 and held a number of seniorpositions before being appointed president in 2015.
AngloGoldsaid he will start his new position on Sept. 1. Dushnisky will relocate toJohannesburg, South Africa, where AngloGold Ashanti is based, and succeed CEOSrinivasan Venkatakrishnan, who is leaving at the end of August for a role atLondon-based Vedanta Resources.
“Followingan extremely competitive global search, we’re pleased to name someone ofKelvin’s caliber and experience to lead this organization,” said Sipho Pityana,chairman of AngloGold Ashanti.
Dushniskywill bring AngloGold “a deep understanding of operating a large, complex globalportfolio of mining assets and projects, and a keen familiarity of an evolvinggeopolitical landscape,” Pityana said.
Barrickwill announce a successor for Dushnisky in “due course,” the company said inits announcement.
“Hispassion for building enduring, trust-based relationships with host governments,communities, shareholders and other partners has made an important contributionto Barrick’s growth and development, said Barrick Executive Chairman John L.Thornton.
Dushniskycalled his 16 years at Barrick a “privilege” in which he “had the uniqueopportunity to work alongside some of the most talented and dedicated people inthe industry.” He also commented that AngloGold “has a strong portfolio ofassets and an exciting pipeline of organic growth opportunities.”
By Allen SykoraFor Kitco News
Follow @AllenSykora
asykora@kitco.com Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.