Kinross Announces New Appointments to Board of Directors
TORONTO, ONTARIO -- (Marketwired) -- 04/03/13 -- Kinross Gold
Corporation (TSX:K)(NYSE:KGC) is pleased to announce the appointments
of Mr. John Macken, Ms. Una Power, and Ms. Ruth Woods to its Board of
Directors, effective immediately. Mr. Macken, Ms. Power, and Ms.
Woods will be nominated as Directors for election by shareholders at
the Kinross Annual General Meeting on May 8, 2013. The appointments
bring membership on the Kinross Board of Directors to 12, following
the retirement of Mr. George Michals in 2012.
Mr. Macken has extensive international mining operations and
development experience. He served as President of Ivanhoe Mines from
2004 to 2012, and as Chief Executive Officer of Ivanhoe from 2006 to
2010. His responsibilities at Ivanhoe included development of the Oyu
Tolgoi copper and gold project. Prior to joining Ivanhoe, Mr. Macken
spent 19 years with Freeport-McMoRan Copper and Gold, and served as
Senior Vice-President of Strategic Planning and Development. While at
Freeport, he led the successful expansion of the Grasberg mining
complex. He is currently Chairman of Western Lithium USA Corporation.
Ms. Power is Chief Financial Officer and Senior Vice-President,
Corporate Planning and Business Development, at Nexen Inc., a former
publicly-traded international oil and gas company that is a
wholly-owned subsidiary of CNOOC Limited, with operations in North
America, Europe, West Africa, South America and the Middle East. Ms.
Power has been a member of the Nexen executive leadership team for 15
years, and has extensive knowledge of debt and equity markets, risk
management, financial reporting, audit functions, and investor
Ms. Woods is Chief Operating Officer of Osler, Hoskin and Harcourt
LLP, one of Canada's leading business law firms, and has
responsibility for finance, marketing, IT, talent management and
facilities. Previously, she was a founding partner of Hugessen
Consulting Inc., an executive compensation consulting firm
specializing in board advisory work. Additionally, she had 22 years
of executive experience in both investment banking and professional
services management at Scotia Capital.
"These appointments significantly enhance our Board expertise in key
areas, including mining operations, project development, finance,
human resources, and compensation," said John Oliver, Chairman of the
Board. "We welcome the diverse perspectives and experience which
these exceptionally talented and accomplished professionals bring to
About Kinross Gold Corporation
Kinross is a Canadian-based gold mining company with mines and
projects in Brazil, Canada, Chile, Ecuador, Ghana, Mauritania, Russia
and the United States, employing approximately 9,000 people
worldwide. Kinross maintains listings on the Toronto Stock Exchange
(symbol:K) and the New York Stock Exchange (symbol:KGC).
Kinross Gold Corporation
Vice-President, Corporate Communications
Kinross Gold Corporation
Investor Relations Contact
Vice-President, Investor Relations
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