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Coeur names new COO, CFO

Posted: September 19, 2011 - 11:01pm

Coeur d’Alene Mines Corporation has appointed Frank Hanagarne Jr. as its new chief financial officer and senior vice president, effective Oct. 1.

Coeur also announced that Senior Vice President of Operations K. Leon Hardy has been promoted to chief operating officer and senior vice president.

“We are very pleased to have Frank Hanagarne join our senior management team as Chief Financial Officer,” President and Chief Executive Officer Mitchell J. Krebs stated in a release. “Frank brings to Coeur 29 years of industry experience in the finance, operations, and business development areas. Frank will lead the Company’s efforts to further strengthen its financial position, deploy the Company’s growing cash flow in value-creating ways, and provide his broad base of expertise throughout the organization.

“In addition, Leon Hardy has led the Company’s efforts to bring new, large mines into production in rapid succession. Going forward, Leon will focus on bringing operational consistency and efficiency to our portfolio of mines in his new role of Chief Operating Officer.”

Hanagarne was most recently chief operating officer of Switzerland precious metal refiner Valcambi, SA, in which Newmont Mining Corp. has an equity interest. Prior to this appointment in early 2011, he was a director of corporate development for Newmont.

Hardy joined Coeur in 2003 and served as vice president and general manager of Coeur Argentina. He was named senior vice president of North America in 2008 and has been senior vice president of operations since early 2010. Prior to Coeur, he had been the consulting operations manager for Apex Silver’s San Cristobal mine in Bolivia from 1999 to 2001 and was operations manager of Minera Alumbrera in Argentina from 1996 to 1998.

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