Vancouver, British Columbia – Two top executives at Lucara Diamond Corp. will step down later this year following the reappointment of William Lamb as the company’s CEO.
The mining company announced Sunday that Zara Boldt has resigned as chief financial officer and corporate secretary. She plans to step down on 29 December.
Boldt, a chartered accountant, has been with the company since April 2018 and was one of several female executives appointed under former CEO Eira Thomas.
In addition, Lucara announced that John Armstrong is stepping down from his position as vice president of technical services, effective December 1.
Armstrong joined the company in 2013 as vice president of mineral resources and developed size and value distribution models and forecasts for the Karowe mine.He also oversaw the feasibility study and provided technical input on the mine’s proposed underground expansion, which recently hit a snag.
The company did not elaborate on the reasons for their respective departures or provide any information on their replacements.
The executive resignations at Lucara come less than two months after the board announced that Thomas would be replaced by Lamb, who previously led the company from 2007 to 2018.
They follow another major change at the company, its decision to terminate its distribution agreement with producer HB Antwerp, which it had just renewed for 10 years.
