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India

Acacia Mining PLC (ACAA.L)

ACAA.L on London Stock Exchange

170.50GBp
17 Jun 2019
Change (% chg)

0.40 (+0.24%)
Prev Close
170.10
Open
176.20
Day's High
176.20
Day's Low
168.60
Volume
683,408
Avg. Vol
765,326
52-wk High
268.20
52-wk Low
93.56

Summary

Name Age Since Current Position

Rachel English

55 2018 Interim Chairman of the Board

Peter Geleta

55 2018 Interim Chief Executive Officer, Executive Director

Jaco Maritz

43 2018 Chief Financial Officer

Hannes Henckel

68 2018 Head of Discovery

Charlie Ritchie

49 2017 Company Secretary, Head of Legal and Compliance

Stephen Galbraith

47 2010 Non-Executive Director

Andre Falzon

64 2010 Independent Non-Executive Director

Michael Kenyon

69 2010 Senior Independent Non-Executive Director

Steve Lucas

64 2013 Independent Non-Executive Director

Biographies

Name Description

Rachel English

Ms. Rachel English has been appointed as Interim Chairman of the Board of the Company., effective 1 September 2018. Ms English was appointed as the Interim Chair of the Board on 1 September 2018 following the resignationof Kelvin Dushnisky from the Board. Ms English has held a number of non-executive positions over the past 10 years. Previously, she held senior positions in BG Group and Royal Dutch Shell, with responsibilities spanning finance, corporate strategy, mergers and acquisitions, and business development. She began her career at PricewaterhouseCoopers and subsequently worked for the World Bank Group and European Bank for Reconstruction and Development (EBRD), where she was involved in policy development and lending operations. Currently, Ms English is a Director of Helios Social Enterprise, which she founded to develop renewable energy access projects in rural sub-Saharan Africa and the Private Infrastructure Development Group, a multi-lateral development and finance organisation delivering infrastructure in Africa and Asia. Ms English holds an MA (Hons) in Politics, Philosophy & Economics from Oxford University and is a Fellow of the Institute of Chartered Accountants.

Peter Geleta

Mr. Peter Geleta re-designated as Interim Chief Executive Officer, Executive Director of Acacia Mining PLC effective January 1st, 2018. He has 36 years of mining industry experience in both operational and corporate leadership positions, and has extensive experience on the African continent. During his time with Acacia he has served as General Manager of the Bulyanhulu mine and helped lead the successful restructuring of the business. Prior to joining Acacia Mr. Geleta held a number of roles at Barrick, including Organisational Effectiveness Director for Barrick Africa, Human Resources Director for the Australia Pacific Region and General Manager for Barrick’s Cowal Gold Mine in New South Wales. Before joining Barrick, he worked for AngloGold Ashanti for 25 years, where he held a number of roles including Head of Human Resources and Sustainability for AngloGold Ashanti’s Africa Operations and General Manager of the Navachab Mine in Namibia. Mr. Geleta holds an Executive MBA qualification from the University of Cape Town.

Jaco Maritz

Mr. Jaco Maritz has been appointed as Chief Financial Officer of Acacia Mining PLC., effective from January 1, 2018. He has been with Acacia and its predecessor companies since 2001 in a range of increasingly senior finance roles covering all aspects of the finance function. He was initially employed by Placer Dome, which was acquired by Barrick in 2006, and was part of Acacia at its inception. In 2013, Jaco spent six months acting as Interim Chief Financial Officer for the business. Jaco is a member of the South African Institute of Chartered Accountants.

Hannes Henckel

Mr. Hannes Henckel is Head of Discovery of the Company. Hannes Henckel has been with Acacia and its predecessor companies since 2002 and prior to becoming Head of Discovery was involved in Africa wide target generation, project evaluation and exploration as Chief Geologist Discovery. He has extensive experience in the field of exploration, covering various commodities. After a short stint at the University of Munich he worked at the Chamber of Mines Research Organisation of South Africa doing research on Witwatersrand gold deposits. He then joined Goldfields working on exploration projects in southern Africa. He was seconded for several years to South America as Chief Geologist for Goldfields' Latin American Operations. From 2002 he was part of Placer Dome’s Platinum Division which was acquired by Barrick in 2006. Hannes holds an MSc and Ph.D. in geology from Ludwig Maximilian University of Munich. He is a fellow of the GSSA and SEG.

Charlie Ritchie

Mr. Charlie Ritchie is Company Secretary, Head of Legal and Compliance of the Company. He joined Acacia as Head of Legal & Compliance in January 2017. Charlie comes to Acacia after more than 20 years in corporate and private legal practice across Australia, the UK and the USA. His legal career includes 13 years at the Rio Tinto Group, including considerable experience in the African mining sector. Until the end of 2016, he served as Rio Tinto’s General Counsel Diamonds & Minerals and the United States, based initially in London and then Salt Lake City. Prior to this, he was Legal Counsel and Company Secretary for the ASX-listed Energy Resources of Australia Limited (Rio Tinto: 68%) between 2007 and 2010, and he first joined Rio Tinto in 2004 to manage significant disputes and litigation in the Australia-Pacific region. Before joining Rio Tinto, Charlie worked at private law firms in London and Melbourne, specialising in international commercial litigation and dispute resolution. Professionally qualified in both the United Kingdom and Australia, Charlie holds Bachelor of Laws (Hons.) and Bachelor of Arts degrees from the University of Melbourne.

Stephen Galbraith

Mr. Stephen Galbraith is an Non-Executive Director of Acacia Mining PLC., Since January 19, 2010. He has been employed by Barrick since August 2000 in treasury and finance functions, and is currently Managing Director of Barrick International (Barbados) Corporation. Mr. Galbraith previously held the role of Audit Manager for PricewaterhouseCoopers. Mr. Galbraith holds a Bachelor of Arts degree in Accountancy from Strathclyde University, is a member of the Institute of Chartered Accountants of Scotland and is a Chartered Financial Analyst Charterholder.

Andre Falzon

Mr. Andre R. Falzon is an Independent Non-Executive Director of Acacia Mining PLC., Since February 15, 2010. He is a senior finance executive with more than 30 years of international financial and management experience in the mining industry. He brings extensive financial, compliance, and internal audit expertise along with a wealth of experience in business acquisitions, and corporate governance that was built over a more than 23-year career with Barrick Gold Corporation, one of the largest gold mining companies in the world. During his long career at Barrick Gold, Mr. Falzon held increasingly senior positions, including Vice President and Controller. Mr. Falzon is also a Director of Detour Gold Corporation and was previously a Director and Audit Committee chair of a number of publicly listed gold mining companies. Mr. Falzon was an active member of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) production cost reporting committee. He has been an active participant in a number of important industry working groups: advisory panel member for extractive activities of the International Accounting Standards Board (IASB), and member of the Securities and Exchange Commission (SEC) mineral reserves and mining industry working groups. Mr. Falzon is a Chartered Professional Accountant (CPA, CA, and CGA (Canada)) with a Bachelor of Commerce from the University of Toronto.

Michael Kenyon

Mr. Michael Kenyon is an Senior Independent Non-Executive Director of Acacia Mining PLC., since February 15, 2010. He has more than 40 years of experience in the mining and mineral exploration industry and is a geologist by training. He is Chairman of the Board of Directors of Detour Gold Corporation. He has previously been Chairman of the Board of Directors of Troon Ventures Ltd, President and Chief Executive Officer at both Canico Resource Corp and Sutton Resources Ltd, and a Director of Cumberland Resources Ltd until their respective acquisition by third parties. Mr. Kenyon holds an MSc degree in Economic Geology from the University of Alberta in Canada. He was also the recipient of the 2005 Developer of the Year award from the Prospector and Developers Association of Canada in recognition of his mining development accomplishments.

Steve Lucas

Mr. Steve Lucas is an Independent Non-Executive Director of Acacia Mining PLC., Since October 23, 2013. He is a Chartered Accountant with long and wide-ranging financial experience as an executive and non-executive director in the energy and extractive industries. He was finance director at National Grid plc from 2002 to 2010 and previously worked for 11 years at Shell and for six years at BG Group, latterly as group treasurer. He is currently Non-Executive Chairman of Ferrexpo plc and a Non-Executive Director of Tullow Oil plc. Mr Lucas holds a BA in Geology from Oxford University.

Basic Compensation

Name Fiscal Year Total

Rachel English

194,500

Peter Geleta

1,008,830

Jaco Maritz

--

Hannes Henckel

--

Charlie Ritchie

--

Stephen Galbraith

--

Andre Falzon

149,833

Michael Kenyon

200,647

Steve Lucas

123,833
As Of  31 Dec 2018