{"id":869531,"date":"2025-09-01T00:12:25","date_gmt":"2025-09-01T05:12:25","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/01\/perseus-mining-announces-retirement-of-ceo-and-appointment-of-new-ceo\/"},"modified":"2025-09-01T00:12:25","modified_gmt":"2025-09-01T05:12:25","slug":"perseus-mining-announces-retirement-of-ceo-and-appointment-of-new-ceo","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/01\/perseus-mining-announces-retirement-of-ceo-and-appointment-of-new-ceo\/","title":{"rendered":"Perseus Mining announces retirement of CEO and appointment of new CEO"},"content":{"rendered":"<div>\n<section>\n<p>Article content<\/p>\n<p>Perth, Aug. 01, 2025 (GLOBE NEWSWIRE) \u2014 perseus mining MANAGING DIRECTOR announces retirement; new MD &#038; CEO appointed<\/p>\n<\/section>\n<section data-aqa=\"identity-sign-in\" data-async id=\"article-block\">\n<header>\n<div>\n<p><img decoding=\"async\" alt=\"Financial Post\" height=\"37\" loading=\"lazy\" src=\"https:\/\/dcs-static.gprod.postmedia.digital\/19.4.3\/websites\/images\/identity\/logo-identity-fp.svg\" width=\"280\"><\/p>\n<div>\n<p>THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY<\/p>\n<p>Subscribe now to read the latest news in your city and across Canada.<\/p>\n<ul>\n<li>Exclusive articles from Barbara Shecter, Joe O&#8217;Connor, Gabriel Friedman, and others.<\/li>\n<li>Daily content from Financial Times, the world&#8217;s leading global business publication.<\/li>\n<li>Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.<\/li>\n<li>National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.<\/li>\n<li>Daily puzzles, including the New York Times Crossword.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>SUBSCRIBE TO UNLOCK MORE ARTICLES<\/p>\n<p>Subscribe now to read the latest news in your city and across Canada.<\/p>\n<ul>\n<li>Exclusive articles from Barbara Shecter, Joe O&#8217;Connor, Gabriel Friedman and others.<\/li>\n<li>Daily content from Financial Times, the world&#8217;s leading global business publication.<\/li>\n<li>Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.<\/li>\n<li>National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.<\/li>\n<li>Daily puzzles, including the New York Times Crossword.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>REGISTER \/ SIGN IN TO UNLOCK MORE ARTICLES<\/p>\n<p>Create an account or sign in to continue with your reading experience.<\/p>\n<ul>\n<li>Access articles from across Canada with one account.<\/li>\n<li>Share your thoughts and join the conversation in the comments.<\/li>\n<li>Enjoy additional articles per month.<\/li>\n<li>Get email updates from your favourite authors.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.<\/p>\n<p>Create an account or sign in to continue with your reading experience.<\/p>\n<ul>\n<li>Access articles from across Canada with one account<\/li>\n<li>Share your thoughts and join the conversation in the comments<\/li>\n<li>Enjoy additional articles per month<\/li>\n<li>Get email updates from your favourite authors<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/header>\n<div data-auth-component id=\"auth-screen-form\" aria-live=\"assertive\">\n<h2>Sign In or Create an Account<\/h2>\n<p><span><\/span><span>or<\/span><span><\/span><\/p>\n<\/div>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p><strong>SUMMARY<\/strong><\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<div>\n<ul type=\"disc\">\n<li>Jeff Quartermaine will retire as Perseus\u2019s Managing Director and Chief Executive Officer on September 30, 2025<\/li>\n<li>Mr. Quartermaine has served in the role for 12 years, having joined Perseus in 2010 as Chief Financial Officer<\/li>\n<li>He has transformed the company from a struggling single mine operation to a multi-mine, multi-jurisdictional gold producer, developer and explorer with three operating assets and a fourth under construction<\/li>\n<li>Under Mr. Quartermaine\u2019s leadership, Perseus has become a leading gold company operating in Africa which joined the ASX100 index in June 2025<\/li>\n<li>Former Newcrest global Chief Operating Officer Craig Jones will replace Mr Quartermaine, commencing with Perseus on August 18, 2025 before assuming the MD and CEO role on October 1, 2025.<\/li>\n<\/ul>\n<\/div>\n<\/section>\n<section>\n<p>Article content<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>Perseus Mining Limited (ASX\/TSX:PRU) announces its long-serving Managing Director and Chief Executive Officer (MD and CEO) Jeff Quartermaine has advised he will retire from the role of Perseus\u2019s MD and CEO after serving for 12 years. His retirement will take effect from September 30, 2025, after which he has agreed to continue to support the Company through a Consultancy Agreement on market terms.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<div aria-labelledby=\"FinancialPostTopStories6520288209131524100525534964875264\" data-account-id=\"b9d3df2fccd108b5eff3c44f573b2cd6\" data-aqa=\"widget-newsletter\" data-newsletter=\"single\" data-newsletter-component data-target-list=\"FP_HeadlineNews\" data-widget=\"newsletter\">\n<p>By signing up you consent to receive the above newsletter from Postmedia Network Inc.<\/p>\n<\/div>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>Mr. Quartermaine joined Perseus in 2010 as Chief Financial Officer, before being appointed CEO in 2013. Since assuming this role, he has transformed Perseus from a struggling single-mine, single-country company to a multi-mine, multi-jurisdictional gold producer, developer and explorer that has consistently delivered on its promises and is now one of the leading gold companies operating on the African continent.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>Perseus now has three operating gold mines, Edikan in Ghana and Yaour\u00e9 and Sissingu\u00e9 in C\u00f4te d\u2019Ivoire, and is building a fourth mine, Nyanzaga, in Tanzania, which is on track to commence gold production in Q1 CY2027.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p><strong>Perseus\u2019s Chairman Rick Menell<\/strong> praised Mr Quartermaine\u2019s outstanding contribution in leading and shaping Perseus into the company it is today, saying:<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>\u201c<em>On behalf of the Board, I would like to express my most sincere gratitude to Jeff for his leadership and guidance over the years. Jeff has transformed Perseus and has been pivotal in turning it into one of the most profitable gold producers in the world. He has built extremely solid foundations for the Company to keep growing and we cannot thank him enough for such a positive legacy<\/em>.\u201d<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p><strong>Outgoing MD and CEO, Mr. Quartermaine <\/strong>said: <em>\u201cIt has been an honour and a privilege to have had the opportunity to serve at the helm of Perseus Mining over the past 12 years. Not only has the Company been transformed into a credible ASX 100 organisation, but during this time we have generated significant benefits for all of our stakeholders, including many in our host communities in Africa whose lives have been significantly improved through Perseus\u2019s endeavours. <\/em><\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p><em>I am deeply indebted to all our staff, both past and present, who along with their families have given their friendship, hard work, and commitment in helping transform Perseus. Along the way we have faced a myriad of challenges including events such as the global COVID pandemic, but we have emerged stronger than ever, and the company is now well positioned to continue our success into the future.<\/em><\/p>\n<\/section>\n<\/div>\n<p><a href=\"https:\/\/financialpost.com\/globe-newswire\/perseus-mining-announces-retirement-of-ceo-and-appointment-of-new-ceo\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article content Perth, Aug. 01, 2025 (GLOBE NEWSWIRE) \u2014 perseus mining MANAGING DIRECTOR announces retirement; new MD &amp; CEO appointed THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Barbara Shecter, Joe O&#8217;Connor, Gabriel Friedman, and others. Daily content from Financial<\/p>\n","protected":false},"author":1,"featured_media":869532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24322,145994],"tags":[11478,145993],"class_list":{"0":"post-869531","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mining","8":"category-perseus","9":"tag-mining","10":"tag-perseus"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/869531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=869531"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/869531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/869532"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=869531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=869531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=869531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}