New Pacific Metals Announces Executive Changes
New Pacific Metals (NYSE: NEWP) announced key executive changes as CEO Andrew Williams will step down effective April 15. The company has appointed CFO Jalen Yuan as interim CEO, while Financial Controller Chester Xie will serve as interim CFO.
Yuan, who has served as CFO for 10 years, brings extensive knowledge of the company's Bolivian operations, ensuring continuity during the transition period. The Board of Directors acknowledged Williams' leadership over the past two years, during which he strengthened the company's strategic position in Bolivia.
The company will conduct a comprehensive search for a permanent CEO while maintaining focus on maximizing stakeholder value from its Bolivian assets.
New Pacific Metals (NYSE: NEWP) ha annunciato importanti cambiamenti esecutivi con le dimissioni del CEO Andrew Williams, che saranno effettive dal 15 aprile. L'azienda ha nominato CFO Jalen Yuan come CEO ad interim, mentre il Controller Finanziario Chester Xie assumerà il ruolo di CFO ad interim.
Yuan, che è stato CFO per 10 anni, porta con sé una vasta conoscenza delle operazioni boliviane dell'azienda, garantendo continuità durante il periodo di transizione. Il Consiglio di Amministrazione ha riconosciuto la leadership di Williams negli ultimi due anni, durante i quali ha rafforzato la posizione strategica dell'azienda in Bolivia.
L'azienda condurrà una ricerca approfondita per un CEO permanente, mantenendo il focus sull'ottimizzazione del valore per gli stakeholder derivante dai suoi beni boliviani.
New Pacific Metals (NYSE: NEWP) anunció cambios clave en su ejecutiva, ya que el CEO Andrew Williams renunciará a partir del 15 de abril. La compañía ha nombrado a CFO Jalen Yuan como CEO interino, mientras que el Controlador Financiero Chester Xie asumirá el cargo de CFO interino.
Yuan, quien ha sido CFO durante 10 años, aporta un amplio conocimiento de las operaciones de la compañía en Bolivia, asegurando la continuidad durante el periodo de transición. La Junta Directiva reconoció el liderazgo de Williams durante los últimos dos años, periodo en el cual fortaleció la posición estratégica de la empresa en Bolivia.
La compañía llevará a cabo una búsqueda integral para un CEO permanente mientras mantiene el enfoque en maximizar el valor para los interesados a partir de sus activos bolivianos.
New Pacific Metals (NYSE: NEWP)는 CEO Andrew Williams가 4월 15일부로 사임한다고 발표했습니다. 회사는 CFO Jalen Yuan을 임시 CEO로 임명했으며, 재무 관리자 Chester Xie는 임시 CFO 역할을 맡게 됩니다.
10년 동안 CFO로 재직한 Yuan은 회사의 볼리비아 운영에 대한 광범위한 지식을 가지고 있어 전환 기간 동안 연속성을 보장합니다. 이사회는 지난 2년 동안의 Williams의 리더십을 인정하였으며, 이 기간 동안 그는 볼리비아에서 회사의 전략적 위치를 강화했습니다.
회사는 볼리비아 자산에서 이해관계자 가치를 극대화하는 데 집중하면서 영구 CEO를 위한 포괄적인 검색을 진행할 것입니다.
New Pacific Metals (NYSE: NEWP) a annoncé des changements clés dans sa direction, le PDG Andrew Williams démissionnant à compter du 15 avril. La société a nommé CFO Jalen Yuan en tant que PDG par intérim, tandis que le contrôleur financier Chester Xie assumera le rôle de CFO par intérim.
Yuan, qui a été CFO pendant 10 ans, apporte une connaissance approfondie des opérations de l'entreprise en Bolivie, garantissant ainsi la continuité pendant la période de transition. Le conseil d'administration a reconnu le leadership de Williams au cours des deux dernières années, période durant laquelle il a renforcé la position stratégique de l'entreprise en Bolivie.
La société effectuera une recherche complète pour un PDG permanent tout en maintenant son attention sur la maximisation de la valeur pour les parties prenantes de ses actifs boliviens.
New Pacific Metals (NYSE: NEWP) gab bekannt, dass CEO Andrew Williams am 15. April zurücktritt. Das Unternehmen hat CFO Jalen Yuan als interimistischen CEO ernannt, während der Finanzcontroller Chester Xie als interimistischer CFO fungieren wird.
Yuan, der 10 Jahre lang CFO war, bringt umfangreiche Kenntnisse über die bolivianischen Geschäfte des Unternehmens mit und gewährleistet so Kontinuität während der Übergangszeit. Der Vorstand würdigte die Führung von Williams in den letzten zwei Jahren, in denen er die strategische Position des Unternehmens in Bolivien gestärkt hat.
Das Unternehmen wird eine umfassende Suche nach einem permanenten CEO durchführen, während es den Fokus auf die Maximierung des Stakeholder-Wertes aus seinen bolivianischen Vermögenswerten beibehält.
- Smooth leadership transition with experienced internal candidate as interim CEO
- Interim CEO has 10 years of company experience as CFO
- Strong familiarity with key Bolivian operations ensures operational continuity
- Unexpected CEO departure could create temporary strategic uncertainty
- Additional transition period ahead with search for permanent CEO
"On behalf of the Board of Directors, I would like to thank Andrew for his dedicated leadership over the past two years, during which he successfully guided the Company through key stages of development in
About New Pacific Metals
New Pacific is a Canadian exploration and development company with three precious metal projects in
On behalf of New Pacific Metals Corp.
Dickson Hall
Board Chair
For Further Information
Peter Lekich, Investor Relations
Phone: (604) 633‐1368 Ext. 223
E-mail: invest@newpacificmetals.com
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Certain of the statements and information in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian provincial securities laws. Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, or future events or performance (often, but not always, using words or phrases such as "expects", "is expected", "anticipates", "believes", "plans", "projects", "estimates", "assumes", "intends", "strategies", "targets", "goals", "forecasts", "objectives", "budgets", "schedules", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements or information. Such statements include, but are not limited to statements regarding future plans, objectives or expectations of the Company.
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SOURCE New Pacific Metals Corp.
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