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Teck unveils new structure to support energy transition metals growth

Teck president and CEO Jonathan Price

Teck president and CEO Jonathan Price

2nd September 2024

By: Creamer Media Reporter

     

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Canadian mining company Teck Resources has unveiled a new business structure to support its shift to a pure-play energy transition metals company.

The restructure, which follows the recent sale of Teck’s steelmaking coal unit to Glencore, organises the company around two regional business units, supporting Teck’s focus on growth in copper, explains president and CEO Jonathan Price.

The North America business unit includes the Highland Valley Copper, Red Dog and Trail operations, and the Galore Creek, Schaft Creek, and New Range copper growth projects, while the Latin America (LATAM) business unit includes Carmen de Andacollo and Quebrada Blanca operations, Teck’s interest in Antamina, and the Zafranal, San Nicolas and NuevaUnión copper growth projects.

In alignment with the new organisational structure, the executive leadership team reporting to Price has been reshaped.

Ian Anderson, currently senior vice president (SVP) and chief commercial officer, has been appointed executive vice president (EVP) and COO, responsible for margin enhancement through sales and procurement strategies and execution.

Shehzad Bharmal, currently SVP base metals, has been appointed EVP and COO responsible for driving safety, operational excellence and asset optimisation at Teck’s operations across the North America and LATAM regional business units.

Jeff Hanman, currently SVP sustainability and external affairs, has been appointed EVP and chief strategy officer, responsible for developing and activating corporate strategy and transformation initiatives to position Teck as a leading producer of energy transition metals.

Nic Hooper, currently SVP corporate development, has been appointed EVP and chief corporate development officer, responsible for corporate development and value creation through portfolio optimisation and Teck’s exploration activities.

Karla Mills, currently SVP projects, has been appointed EVP and chief project development officer, responsible for accelerating growth by ensuring excellence in all aspects of the delivery of the company's portfolio of copper growth projects.

Crystal Prystai, currently SVP and CFO, has been appointed EVP and CFO, responsible for overall financial management at Teck.

Charlene Ripley, currently SVP and general counsel, has been appointed EVP and chief legal and sustainability officer, responsible for maintaining Teck’s leading sustainability performance, and supporting the business through its legal, risk and compliance functions.

Dean Winsor, currently SVP and chief human resources officer, has been appointed EVP and chief people officer, responsible for human resources, development of talent, and the progression of a diverse, respectful and inclusive workplace.

Fraser Phillips, SVP investor relations and strategic analysis, has announced his planned retirement in the first quarter of 2025.

Edited by Creamer Media Reporter

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