The Board of Directors of Scorpio Mining Corporation (TSX:SPM) today announced that it has accepted the resignation of Scorpio’s President and Chief Executive Officer, Parviz Farsangi, and unanimously appointed the Company’s Chairman, founder and former Chief Executive Officer, Peter J. Hawley as interim President and Chief Executive Officer. Mr. Farsangi has stepped down as President and Chief Executive Officer and director of Scorpio to pursue other career opportunities, effective immediately.
Scorpio Mining’ Board of Directors also announced that Ewan Mason will replace Mr. Hawley as Chairman while Mr. Hawley carries out his executive role. The Board of Directors has commenced a search for a new Chief Executive Officer. During the interim period, the day to day operations of the Company will be supervised by Mr. Hawley with the support of Mr. Mason.
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