
Northern Star Resources names new CEO
- Northern Star Resources announced the appointment of Suresh Vadnagra as its new Managing Director and CEO.
- Following the announcement, the company's share price closed down at $18.80.
- The leadership transition aims to drive operational value across the company's global gold mining assets.
Northern Star Resources (ASX:NST) appointed Suresh Vadnagra as Managing Director and CEO, effective Oct. 5.
Vadnagra succeeds Stuart Tonkin, who led the business for 13 years and departs in the first quarter of FY27.
"Suresh is an accomplished mining executive with the experience and capabilities to unlock the full potential of our assets," said Northern Star Resources Chairman Michael Chaney AO.
The company stated that Ryan Gurner has been appointed Deputy CEO immediately and will serve as interim chief executive officer.
Following the announcement, the Northern Star Resources share price was down at $18.80.
Vadnagra previously oversaw more than 25 operations as the head of Glencore's global nickel and zinc industrial assets.
His previous experience includes executive positions at major mining corporations, including Newcrest, BHP, Iluka Resources, and MMG.