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Stock impact report

Kinross Gold streamlines senior management team as two executives depart [Toronto Globe and Mail (Ontario, Canada)]

Kinross Gold Corporation (KGC) 
Last kinross gold corporation earnings: 2/12 05:00 pm Check Earnings Report
Kinross Gold cuts ties with two more executives as it eyes cost cuts Kinross Gold Corp. is cutting ties with two more senior executives, the third such departure at the senior gold miner in about six weeks, as it focuses on cost cutting. On Tuesday, Toronto-based Kinross said that chief operating officer Lauren Roberts and Gina Jardine, senior vice-president, human resources, are leaving the firm. Company spokesman Louie Diaz said that Kinross has no plans to replace either role. In March, Kinross said it was parting ways with chief financial officer Tony Giardini. He will be replaced by Andrea Freeborough, vice-president, investor relations and corporate development. Story continues below advertisement In a press release, Kinross said the latest staff reductions were motivated by the need to increase efficiency and better manage costs. Kinross is considered to be among Canada’s highest-cost and worst-performing senior gold miners. Mr. Roberts had been at the firm for 15 years and had Show less Read more
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