Cliffs Natural Resources’ Board of Directors has appointed Gary B. Halverson, formerly president and COO, as president and CEO, effective immediately. He also serves as a director on Cliffs’ Board.
James Kirsch, Cliffs’ chairman of the Board, said, “We are confident that Gary is the right candidate to lead Cliffs given his proven experience with international and long-term mining operations and understanding of the global commodities industry. Since joining Cliffs, Gary has executed a number of key strategic initiatives to strengthen the Company and enhance value for all Cliffs’ shareholders.”
Halverson’s experience spans across the gold, copper and nickel mining industries. Prior to joining Cliffs in 2013, he provided leadership for the largest gold region in the world at Barrick Gold Corporation. He has experience managing large annual operating budgets and capital projects. At an operational level, he has been successful in optimising well run mines, objectively assessing troubled operations and executing projects on time and on budget. Many of the projects he has led included complex tailings and water management issues. These experiences include a wide range of underground and open-pit mines from the construction and development phases through the end-of-life stage.
