Northwire Canada EditionSunday, August 2, 2026
Sign inSubscribe
Northwire
⌕
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Other

Torex Gold Announces CEO Transition

By The Northwire Desk — AI Analysis Feb 04, 2026 · 17:31 TXG · 67.68 Torex Gold Resources Inc.
TXG · Price

Executive Summary

  • President & CEO Jody Kuzenko will retire effective immediately after the Annual and Special Shareholder Meeting on June 17, 2026.
  • CFO Andrew Snowden will assume the role of President & CEO at that time and will stand for election to the Board of Directors.
  • The transition is presented as part of a long‑term succession plan; management emphasizes continued operational strength, an “impeccable balance sheet,” and growth opportunities across multiple regions.

Key Details

  • Jody Kuzenko has served as President & CEO since 2020 (previously COO from 2018) and will not seek re‑election to the Board.
  • Andrew Snowden has been CFO since 2021; he will become President & CEO and will be nominated for a board seat at the June 17 meeting.
  • Kuzenko’s statement highlights recent achievements: delivery of Media Luna, stabilized production, strong balance sheet, free cash flow outlook, and an exploration pipeline in Guerrero, Sinaloa, Chihuahua, Nevada, etc.
  • Board Chair Rick Howes praised Kuzenko’s leadership and noted the company operates one of Mexico’s largest gold mines with significant copper exposure.
  • Snowden’s biography: 25 years of international mining experience, former roles in the UK, Australia, Canada; expertise in strategic planning, operational excellence, debt financing, corporate development; member of ICD.D and CPA Ontario; B.Sc. from University of Durham.
  • Snowden’s quote expresses commitment to unlocking asset value and thanks Kuzenko for mentorship.

Notable Quotes

  • Jody Kuzenko: “We have delivered Media Luna, stabilized production… the business is firing on all cylinders, and the timing is right for this transition.”
  • Rick Howes (Board Chair): “It should come as no surprise that a Company like Torex … has a solid succession plan in place to support a seamless leadership transition.”
  • Andrew Snowden: “I am honoured to serve as the next CEO of Torex and look forward to continuing to unlock the value of our assets for the benefit of our shareholders…”
Read the original news release →

More from Torex Gold Resources Inc.

Jul 13, 2026 · 18:01

Torex reported high-grade infill at Media Luna North, adding to the $3.8B producer’s portfolio without disclosing true widths or QA/QC details.

Drill Results Jul 07, 2026 · 18:01

Torex’s Los Reyes PEA delivers $1.49bn npv and 37% irr, serving as a high-margin growth anchor self-funded by morelos cash flow.

Technical Study Jul 07, 2026 · 17:31

Torex reaffirms guidance with q2 production on plan and h2 grade and recovery catalysts remaining intact.

Production / Operations Jun 17, 2026 · 17:01

Torex reports smooth leadership succession at its debt-free Mexican operation, advancing Media Luna North and Los Reyes PEA.

Management May 28, 2026 · 18:01

Torex Gold Reaffirms Execution on Los Reyes Integration While Capital Returns Accelerate

Drill Results May 26, 2026 · 18:01

Torex Gold Confirms Operational Maturity with ESG Report, Capital Return Program Drives Shareholder Value Amidst Leadership Transition

Production / Operations