ASX- and TSX-listed Perseus Mining has appointed Rick Menell independent, nonexecutive chairperson of the board, with immediate effect.
Menell will succeed interim executive chairperson Jeff Quartermaine, who will resume his role as MD and CEO of Perseus.
“We were very pleased in May of this year, when Rick Menell accepted our invitation to become a member of the board of Perseus, following a wide search for an eminent future leader of the company.
“Rick has a deep understanding of the people and the mining industry on the African continent through a variety of family investments, as well as senior roles with leading South African corporates and nonprofit-sector enterprises and, as a result, is perfectly suited to lead a growing, Africa-focussed company like Perseus that has ambitions to become a leader of the gold mining industry on the continent,” Quartermaine says.
"After a period of familiarisation with our operations, board, management and staff, Rick has now agreed to assume the role of nonexecutive, independent chair. This move, which is consistent with the requirements of Perseus’s board charter, was foreshadowed at the time of my elevation to the role of interim executive chairperson in November 2023 and enables me to resume my former role of MD and CEO of the company,” he adds.
“We are delighted with this smooth transition of leadership, and along with our managers and employees, are all looking forward to working closely as a cohesive team under Rick’s leadership to help guide Perseus through its next exciting phase of growth and to establishing the company within the upper echelons of the global gold industry,” Quartermaine highlights.
Perseus owns a gold mine in Ghana and two in Côte d’Ivoire, as well as gold projects in Tanzania and Sudan. 