Fin24

Great Basin appoints new CEO‚ CFO

2012-12-04 10:58

Johannesburg - Great Basin Gold [JSE:GBG] has appointed Ray Dombrowski and Peter Gibson as its new chief executive and chief financial offer‚ respectively.

Both Dombrowski and Gibson have extensive experience in managing companies which are in insolvency proceedings‚ the company said in a statement on Tuesday.

The appointments follow Great Basin’s engagement of Alvarez & Marsal Canada ULC - an affiliate of a leading international professional services and restructuring firm.

Lou van Vuuren has resigned as interim CEO and director of the company with immediate effect but will continue to make himself available to assist the transition on a consulting basis.