PERTH (miningweekly.com) – Triple listed gold miner Newcrest Mining has appointed Sherry Duhe as CFO, replacing Gerard Bond, who tendered his resignation after ten years in the role of FD and CFO.
Duhe will join Newcrest in early 2022 and will be based in Melbourne. Current group treasurer Kim Kerr will be acting CFO from December 9, to coincide with planned leave being taken by Bond. Kerr is a senior finance executive with more than 15 years’ experience at Newcrest, including nearly five years as group treasurer.
Newcrest told shareholders on Tuesday that Duhe has extensive finance and leadership experience across a range of global organisations, including the past four years as CFO and executive VP at Woodside Energy. Prior to this, she held a range of senior international roles across the energy and resources sectors, including at Shell Exploration & Production, Royal Dutch Shell, ExxonMobil, Duke Energy and J.M Huber Corporation.
Duhe is a Certified Public Accountant and holds a BSc in Accounting from the Louisiana State University and an International Masters of Business Administration from the University of South Carolina. Her appointment follows a thorough global executive search.
“I am delighted that we have been able to attract such a high calibre chief financial officer to the Newcrest team to join in the exciting journey the company is on,” said Newcrest MD and CEO Sandeep Biswas.
“She has extensive international experience across capital intensive and complex industries and is also a proven Top 20 ASX-listed company CFO who will bring her extensive financial expertise and leadership skills to Newcrest as we execute our growth strategy.”
Woodside CEO Meg O’Neill paid tribute to the contribution Duhe made to the company, saying her financial and commercial stewardship of Woodside over the last four years had been integral to continuing Woodside’s success.
“Over this time she has maintained a strong balance sheet which has provided Woodside’s resilience in challenging trading circumstances.
“[Her] passionate leadership has been central to delivering the financial and commercial architecture for our proposed merger with BHP’s petroleum business and the Scarborough development,” O’Neill said.
The process to identify Duhe’s successor at Woodside is underway, with the role continuing to be based in Australia.