Market Overview

AuRico Gold Falling Sharply on CEO Resignation

AuRico Gold Inc (NYSE: AUQ) is trading lower on the session after CEO Ren Marion steps down for health reasons. Scott Perry has been appointed President and Chief Executive Officer.

Colin K. Benner, Chairman of the Board stated "On behalf of the Board of Directors and our entire team, we wish René and his family well as they face this challenge. He is an outstanding CEO who has led this company through a period of tremendous growth and transformation.The Board is very pleased to appoint Scott Perry as CEO. Scott has continually proven himself to be an effective leader with a great depth of experience in the mining sector. Scott has the full confidence and support of the Board and under his leadership we are looking forward to a bright future ahead for the Company and our shareholders."

AuRico Gold is currently trading at $6.51 down $1.03 or 13.66% on the day.

Posted-In: Intraday Update Movers

 

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