Toronto, ON, Canada - March 26, 2015, Toronto, ON, Canada - Iamgold Corporation, a gold producer, announced that Bill Pugliese, founder and current chairman of the board, Guy Dufresne and John Shaw will retire from the board on May 11, 2015.
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Mr. Pugliese is a businessman and an original founder of the Company. From 1990 to 1993 he held the position of Co-chairman and Chief Executive Officer of the Company. In January 2003, Mr. Pugliese stepped down from the position of Chief Executive Officer and has continued in his role as Chairman of the Board.
He participated directly in the evolution of the company, including the development of the Sadiola concession in Mali through his dealings with government officials and joint venture partners.
Mr. Pugliese has an extensive business background developed over a period of 35 years as the principal shareholder in a number of private Canadian companies, which include; internet-based business directories and data marketing, the development of recreational resort properties in Canada and the development and licensing of Smartboard, a patented construction product technology.
From 1992 to October 2006, Mr. Dufresne held the positions of President and Chief Executive Officer of Québec Cartier Mining Company, a producer of iron ore products.
Prior to joining that company, Mr. Dufresne held progressive senior positions within the forest product industry including President and CEO of Kruger Inc. He also chairs the Conseil du patronat du Québec and is Chairman of the Chamber of Maritime Commerce.
Mr. Dufresne earned a bachelor's degree in civil engineering at the École Polytechnique de Montréal, a master's degree of engineering (M.Eng.) at the Massachusetts Institute of Technology and an MBA at Harvard University. He currently sits on the Board of Directors of RSA Insurance Company of Canada.
Mr. Shaw is a geological engineer (Queen's) and until the time of his retirement (33 years in the Placer organization) was Vice President of Australian Operations of Placer Dome Asia Pacific and Managing Director of Kidston Gold Mines. ■
Modified arctic air combined with a moisture-laden area of low pressure along the Gulf Coast will continue to allow for a broad area of winter weather impacts from the Lower Mississippi Valley to the Southeast today into early Saturday morning.