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Hudbay appoints new CFO

14th October 2022

By: Creamer Media Reporter

     

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Dual-listed Hudbay Minerals has appointed Eugene Lei as senior VP and CFO, transitioning from Steve Douglas, who is leaving the company.

In addition, Mark Gupta has been promoted to VP of corporate development.

“I would like to congratulate Eugene and Mark on their appointments,” said president and CEO Peter Kukielski.

“Eugene brings a critical long-term strategic perspective to the finance role, which will serve us well as we focus on deleveraging and improving the balance sheet while pursuing our growth strategy with financial discipline. Mark’s corporate development and capital planning experience positions him as the natural successor to lead the corporate development team. At the same time, I would like to thank Steve Douglas for his contributions at Hudbay during an important period for the company and I wish him the very best,” said Kukielski.

Lei joined Hudbay in 2012 and progressed through several senior management roles and executive responsibilities, including his most recent role as senior VP, corporate development and strategy. He has more than 20 years of global mining investment banking, finance and corporate development experience. Prior to joining Hudbay, Lei was MD for mining at Macquarie Capital Markets, acting as an adviser on numerous global mining transactions and structuring equity and debt capital markets financings.

Gupta has spent over 12 years in several investment banking and corporate development roles, including in Hudbay’s corporate development group from 2014 to 2021, as lead principal, business development at BHP from 2021 to 2022, and in his most recent role at Hudbay as executive director, capital planning and operations strategy.

Edited by Creamer Media Reporter

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