Canada’s Stornoway Diamonds on Thursday announced a management shakeup as part of a rationalisation exercise, which began last year with the privatisation of the company.
Patrick Godin had resigned as CEO and Annie Torkia Lagacé also stepped down as executive VP, finance and corporate services.
Gordon would be succeeded by Sévigny, who is currently the corporation’s VP operations. He would assume the leadership of the company as COO. Lagacé's responsibilities would be redistributed within the organisation.
"Patrick first joined the Stornoway team in 2010 as COO. It was largely due to his leadership that the construction of the Renard mine was completed ahead of schedule and under budget.
“Annie first joined Stornoway in 2014 as VP legal affairs and has been given additional responsibilities over time to reflect her significant contribution to the organisation.
We would like to thank them both for their commitment to the company, its employees and all the stakeholders involved in this project. Pat and Annie will continue to support Stornoway's current executive team to ensure a transition through the end of 2020,” said chairperson Hubert Lacroix.
He added that the board continued to work on streamlining the company and an eventual restart of Renard mine operations as the diamond market recovered.