TORONTO, March 25, 2015 /PRNewswire/ - IAMGOLD
Corporation ("IAMGOLD" or "the Company") today announced three
of its directors will be retiring and not stand for re-election at
the Company's annual meeting of shareholders (the "Annual
Meeting"), scheduled for May 11,
2015. Bill Pugliese,
founder and current Chairman of the Board, has advised the Board
that after 25 years as Chairman he has decided to retire.
Also retiring from the Board are Guy
Dufresne and John
Shaw.
"Bill Pugliese, is a consummate
gold bull who had a vision of building the Sadiola mine in
Mali over 25 years ago," commented
Steve Letwin, President and CEO of
IAMGOLD. "At that time, no one dreamed that mine would have
produced over 7 million ounces of gold and would still be operating
today, and that IAMGOLD would become a mid-tier gold mining company
with operations in South and North
America and with such an expanded footprint in West
Africa. Chairman since 1990, Bill built a strong Board around
him, including Guy Dufresne and
John Shaw who have both served the
Board and the Company very well since 2006. The entire Board thanks
Bill for his long-standing leadership and the contributions of John
and Guy.
"In support of the Company's focus on cost containment," added
Mr. Letwin, "the Board has taken leadership in reducing the Board
size to seven directors who are being proposed for election at the
Annual Meeting".
The Board intends to appoint existing director Don Charter as the new Chairman following the
Annual Meeting.
About IAMGOLD
IAMGOLD (www.iamgold.com) is a mid-tier mining company with four
operating gold mines (including current joint ventures) on three
continents. A solid base of strategic assets in Canada, South
America and Africa is
complemented by development and exploration projects and continued
assessment of accretive acquisition opportunities. IAMGOLD is
in a strong financial position with extensive management and
operational expertise.
Please note:
This news release may be accessed via fax, e-mail, IAMGOLD's
website at www.iamgold.com and through CNW Group's website at
www.newswire.ca. All material information on IAMGOLD can be found
at www.sedar.com or at www.sec.gov.
Si vous désirez obtenir la version française de ce communiqué,
veuillez consulter le
http://www.iamgold.com/French/Home/default.aspx.
SOURCE IAMGOLD Corporation