Turquoise Hill announces retirement of CEO
May 29 2018 - 5:00PM
Turquoise Hill Resources today announced the retirement of the
Company’s Chief Executive Officer Jeff Tygesen effective July 1,
2018.
Peter Gillin, Chairman of Turquoise Hill, said,
“Jeff has served devotedly since December 2014 as our CEO. The
Company has greatly benefitted from his nearly 40-year career in
the mining industry, notably from his deep operational and
technical experience. He has led Turquoise Hill through significant
moments in its history including in relation to key stages in the
underground development and the milestone Oyu Tolgoi project
financing. We thank Jeff for the time and commitment he has shown
to the Company and contributions he has made to making Oyu Tolgoi a
success.”
The Board of Directors, as part of its
succession planning, is in the process of considering suitable
candidates, including those from Rio Tinto. An announcement will be
made in due course.
ContactInvestors and Media
Tony Shaffer+ 1 604 648
3934tony.shaffer@turquoisehill.com
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