Cardero Resource (CDY) Announces Numerous Upper Management Changes
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Cardero Resource Corp. (NYSE: CDY) announces the appointment and addition of several key management personnel.
Michael Hunter, the current President, will also assume the position of Chief Executive Officer, reporting directly to the Board of Directors. Mr. Hunter comes to this position with over 25 years' experience in the coal mining sector which includes pit operations, plant operations and coal quality analysis. He has previously founded two coal companies; one of which, First Coal Corporation, was purchased by Xstrata for $137M in July, 2011.
Keith Henderson, formerly Vice President, Exploration, has been appointed Executive Vice President. Mr. Henderson brings 19 years' global mining-industry experience, including time spent working as Project Manager for Anglo Coal's Canadian subsidiary, focused on metallurgical coal deposits in northeast British Columbia. During his time with Cardero, Mr. Henderson has been a key decision maker in the Company and played a crucial role in negotiating the acquisition of the Carbon Creek coal asset.
The Company has appointed Kareen McKinnon as Vice President, Investor Relations. Ms. McKinnon has extensive experience with both investor relations and equity financing for mining companies. She worked previously as Vice President, Corporate Development for several companies including CGA Mining Limited, Rock Forage Mining Limited, White Knight Resources Ltd. and Mansfield Minerals Inc. Ms. McKinnon will be focused on strategic planning and raising the profile of the Company.
Mr. Blaine Bailey has been appointed as the Company's new Chief Financial Officer. Mr. Bailey succeeds former CFO Michael Kinley, CA, who will remain with the Company as a consultant through a transition period before leaving to pursue other opportunities. Mr. Bailey is a CGA who has worked with numerous private and public companies over the past 20 years. He currently serves as the CFO of the Company's subsidiary, Cardero Coal Ltd., and is uniquely positioned to take on the additional duties of CFO for the Company.
The Company also announces that Mr. Mark Cruise, its former Vice-President, Business Development, has resigned in order to devote his full time and attention to his role as Chief Executive Officer of Trevali Mining Corporation, which is advancing two polymetallic deposits to production in Canada and Peru - the Halfmile and Santander projects, respectively.
Michael Hunter, the current President, will also assume the position of Chief Executive Officer, reporting directly to the Board of Directors. Mr. Hunter comes to this position with over 25 years' experience in the coal mining sector which includes pit operations, plant operations and coal quality analysis. He has previously founded two coal companies; one of which, First Coal Corporation, was purchased by Xstrata for $137M in July, 2011.
Keith Henderson, formerly Vice President, Exploration, has been appointed Executive Vice President. Mr. Henderson brings 19 years' global mining-industry experience, including time spent working as Project Manager for Anglo Coal's Canadian subsidiary, focused on metallurgical coal deposits in northeast British Columbia. During his time with Cardero, Mr. Henderson has been a key decision maker in the Company and played a crucial role in negotiating the acquisition of the Carbon Creek coal asset.
The Company has appointed Kareen McKinnon as Vice President, Investor Relations. Ms. McKinnon has extensive experience with both investor relations and equity financing for mining companies. She worked previously as Vice President, Corporate Development for several companies including CGA Mining Limited, Rock Forage Mining Limited, White Knight Resources Ltd. and Mansfield Minerals Inc. Ms. McKinnon will be focused on strategic planning and raising the profile of the Company.
Mr. Blaine Bailey has been appointed as the Company's new Chief Financial Officer. Mr. Bailey succeeds former CFO Michael Kinley, CA, who will remain with the Company as a consultant through a transition period before leaving to pursue other opportunities. Mr. Bailey is a CGA who has worked with numerous private and public companies over the past 20 years. He currently serves as the CFO of the Company's subsidiary, Cardero Coal Ltd., and is uniquely positioned to take on the additional duties of CFO for the Company.
The Company also announces that Mr. Mark Cruise, its former Vice-President, Business Development, has resigned in order to devote his full time and attention to his role as Chief Executive Officer of Trevali Mining Corporation, which is advancing two polymetallic deposits to production in Canada and Peru - the Halfmile and Santander projects, respectively.
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