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Hecla Names Rob Krcmarov as President and CEO

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Hecla Mining Company (NYSE: HL) has appointed Rob Krcmarov as its new President and CEO, effective November 7, 2024. Krcmarov, who will also join the Board of Directors, brings over 35 years of industry experience, including 13 years on Barrick Gold 's executive leadership team. He succeeds Catherine Boggs, who served as Interim President and CEO since May 2024 and will remain as Board Chair. Additionally, Carlos Aguiar has been promoted to Senior Vice President and Chief Operating Officer, advancing from his previous role as Vice President – Operations.

Hecla Mining Company (NYSE: HL) ha nominato Rob Krcmarov come nuovo Presidente e CEO, con effetto dal 7 novembre 2024. Krcmarov, che entrerà anche a far parte del Consiglio di Amministrazione, porta con sé oltre 35 anni di esperienza nel settore, di cui 13 anni nel team di leadership esecutiva di Barrick Gold. Succede a Catherine Boggs, che ha ricoperto il ruolo di Presidente e CEO ad interim da maggio 2024 e rimarrà come Presidente del Consiglio. Inoltre, Carlos Aguiar è stato promosso a Vicepresidente Senior e Direttore Operativo, avanzando dal suo precedente ruolo di Vicepresidente – Operazioni.

Hecla Mining Company (NYSE: HL) ha nombrado a Rob Krcmarov como su nuevo Presidente y CEO, con efecto a partir del 7 de noviembre de 2024. Krcmarov, quien también se unirá a la Junta Directiva, aporta más de 35 años de experiencia en la industria, incluyendo 13 años en el equipo de liderazgo ejecutivo de Barrick Gold. Sucede a Catherine Boggs, que se desempeñó como Presidente y CEO interina desde mayo de 2024 y seguirá siendo la Presidente de la Junta. Además, Carlos Aguiar ha sido ascendido a Vicepresidente Senior y Director de Operaciones, avanzando desde su puesto anterior como Vicepresidente – Operaciones.

헥클라 마이닝 컴퍼니 (NYSE: HL)는 로브 크르카로브를 2024년 11월 7일부터 신규 사장 겸 CEO로 임명했습니다. 크르카로브는 이사회에도 합류하며, 35년 이상의 산업 경험을 보유하고 있으며, 그 중 13년은 바릭 골드의 경영진 팀에서 활동하였습니다. 그는 2024년 5월부터 임시 사장 겸 CEO로 재직한 캐서린 보그스를 후임하게 되며, 보드 의장직은 그대로 유지합니다. 또한, 카를로스 아기아르가 수석 부사장 겸 COO로 승진하였으며, 이전에는 부사장 – 운영으로 재직하였습니다.

Hecla Mining Company (NYSE: HL) a nommé Rob Krcmarov comme nouveau Président et CEO, à compter du 7 novembre 2024. Krcmarov, qui rejoindra également le Conseil d'Administration, apporte plus de 35 ans d'expérience dans l'industrie, dont 13 ans au sein de l'équipe de direction de Barrick Gold. Il succède à Catherine Boggs, qui a exercé les fonctions de Président et CEO par intérim depuis mai 2024 et restera présidente du Conseil. De plus, Carlos Aguiar a été promu au poste de Vice-Président Senior et Directeur des Opérations, après avoir précédemment occupé le poste de Vice-Président – Opérations.

Hecla Mining Company (NYSE: HL) hat Rob Krcmarov zum neuen Präsidenten und CEO ernannt, der am 7. November 2024 in Kraft tritt. Krcmarov, der auch dem Vorstand beitreten wird, bringt über 35 Jahre Branchenerfahrung mit, einschließlich 13 Jahren im Führungsteam von Barrick Gold. Er tritt die Nachfolge von Catherine Boggs an, die seit Mai 2024 als Interimspräsidentin und CEO tätig war und weiterhin als Vorsitzende des Vorstands fungieren wird. Darüber hinaus wurde Carlos Aguiar zum Senior Vice President und Chief Operating Officer befördert, nachdem er zuvor als Vice President – Operations tätig war.

Positive
  • Appointment of experienced executive Rob Krcmarov with over 35 years of industry expertise
  • Krcmarov brings 13 years of executive leadership experience from Barrick Gold
  • Internal promotion of Carlos Aguiar to COO shows strong succession planning
Negative
  • None.

Insights

The appointment of Rob Krcmarov as CEO represents a strategic shift for Hecla Mining, bringing extensive operational and exploration expertise from his tenure at Barrick Gold. His 13 years of executive leadership experience at one of the world's largest gold mining companies, particularly in exploration and growth, suggests Hecla may be positioning for aggressive resource expansion.

The concurrent promotion of Carlos Aguiar to COO creates a balanced leadership team, combining Krcmarov's global mining expertise with Aguiar's 25+ years of internal operational knowledge at Hecla. This dual appointment indicates a focus on both external growth opportunities and internal operational efficiency.

Seasoned mining executive with more than 35 years of industry expertise

COEUR D’ALENE, Idaho--(BUSINESS WIRE)-- Hecla Mining Company (NYSE: HL) today announced that its Board of Directors has appointed Rob Krcmarov as the company’s new President and Chief Executive Officer (“CEO”), effective November 7, 2024. Mr. Krcmarov will also join Hecla’s Board of Directors. He succeeds Catherine (“Cassie”) J. Boggs, who has served as Interim President and CEO since May 22, 2024, and will remain as Chair of the Board of Directors.

Hecla Names Rob Krcmarov as President and CEO (Photo: Business Wire)

Hecla Names Rob Krcmarov as President and CEO (Photo: Business Wire)

“We are very excited that Rob Krcmarov will be Hecla’s new CEO and join the Board,” said Ms. Boggs. “The Board conducted a rigorous selection process to ensure that our new CEO has the right experience, vision, and leadership to guide Hecla forward, and that is Rob. Rob is a highly respected figure in the mining industry with a proven track record across various international markets. His experience in managing complex operations and his commitment to safe, sustainable mining practices make him the ideal fit for Hecla’s next chapter. We look forward to his input on all of our operations, including our large inventory of exploration and pre-development projects.”

Mr. Krcmarov stated, “It’s a privilege to join Hecla and lead such a talented and dedicated team. I look forward to building upon Hecla’s legacy of operational excellence, culture of innovation, and continuous improvement and furthering our commitment to safety, environmental responsibility, and stakeholder engagement.”

A seasoned geologist and mining executive, Mr. Krcmarov brings over three decades of industry expertise. Prior to joining Hecla, he served for 13 years on the executive leadership team at Barrick Gold Corporation, including his most recent role as Executive Vice President of Exploration and Growth. Mr. Krcmarov’s international experience spans many countries on five continents, and he has a strong track record of running efficient and safe operations, evaluating new business opportunities, conducting effective community relations, and engaging in constructive dialogue with institutional investors, financial markets, board members, government officials, and other stakeholders. Mr. Krcmarov’s leadership capabilities span mineral exploration, drilling operations, mining operations, change management, research and development, and strategic planning.

Mr. Krcmarov holds a Master of Economic Geology from the University of Tasmania and a Bachelor of Science in Geology from the University of Adelaide.

Additionally, the Company announced the promotion of Carlos Aguiar from Vice President – Operations to Senior Vice President and Chief Operating Officer effective also as of November 7, 2024. Mr. Aguiar, who joined Hecla in 1996, was appointed Vice President – Operations in August 2023 after serving as Vice President and General Manager at the Lucky Friday Mine and previously at the San Sebastian Mine. With over 25 years of engineering and management experience in mining, he has held various leadership roles across Hecla’s operations. Mr. Aguiar holds a degree in Chemical Engineering with a minor in Metallurgy from the University of Sonora (Mexico).

ABOUT HECLA

Founded in 1891, Hecla Mining Company (NYSE: HL) is the largest silver producer in the United States. In addition to operating mines in Alaska, Idaho, and Quebec, Canada, the Company is developing a mine in the Yukon, Canada, and owns a number of exploration and pre-development projects in world-class silver and gold mining districts throughout North America.

For further information, please contact:

Anvita M. Patil, Vice President – Investor Relations and Treasurer

Cheryl Turner, Communications Coordinator

800-HECLA91 (800-432-5291)

Investor Relations

Email: hmc-info@hecla.com

Website: www.hecla.com

Source: Hecla Mining Company

FAQ

When will Rob Krcmarov start as CEO of Hecla Mining (NYSE: HL)?

Rob Krcmarov will begin his role as President and CEO of Hecla Mining on November 7, 2024.

What was Rob Krcmarov's previous position before joining Hecla Mining (NYSE: HL)?

Rob Krcmarov previously served as Executive Vice President of Exploration and Growth at Barrick Gold

Who did Rob Krcmarov replace as CEO of Hecla Mining (NYSE: HL)?

Rob Krcmarov replaced Catherine (Cassie) J. Boggs, who served as Interim President and CEO since May 22, 2024.

Who was promoted to COO of Hecla Mining (NYSE: HL) alongside Krcmarov's appointment?

Carlos Aguiar was promoted from Vice President – Operations to Senior Vice President and Chief Operating Officer.

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