Al-Joundi named Agnico president

Agnico Eagle Mines Ltd. March 20 announced several senior management changes, including the appointment of Ammar Al-Joundi as the company's new president.

Al-Joundi, a former chief financial officer of Agnico Eagle, most recently served as CFO and senior executive vice-president of Barrick Gold Corp. from July 2012 until February of this year.

With Al-Joundi serving as president, Sean Boyd's title will change to vice-chairman and CEO. Al-Joundi will report to Boyd and assist him and the senior management team in setting and executing on Agnico Eagle's corporate strategy, optimizing the corporate structure and management processes, developing the next generation of senior management and building asset value through effective capital allocation and risk management.

Other appointments include: Dominique Girard as vice-president, technical services and Nunavut operations; Nancy Guay as senior corporate director, technical services, reporting to Dominique; Michael Timmins as vice-president, corporate development; Carol Plummer as vice-president, project development, USA and Latin America; and Michel Julien as vice-president environment.

"As our gold mining business continues to grow and the number of opportunities to improve the quality of our business expands we have strengthened our senior management team with several new additions.

These appointments add to our current bench strength and will allow us to improve and grow our business in a very measured and steady manner, while we continue to develop our leadership team," said Boyd