New Gold Announces Appointment Of Keith Murphy As Chief Financial Officer, Effective January 2, 2024
Portfolio Pulse from Benzinga Newsdesk
New Gold Inc. has announced the appointment of Keith Murphy as the new Executive Vice President and Chief Financial Officer, effective January 2, 2024. Murphy, who has over 15 years of experience in finance within the mining industry, will succeed Rob Chausse following his retirement at the end of 2023. Murphy has been with New Gold since 2013 and has played a significant role in financial reporting, taxation, and finance for the company.
November 30, 2023 | 1:04 pm
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Keith Murphy's appointment as CFO of New Gold Inc. may instill investor confidence due to his extensive experience and familiarity with the company's financial operations.
The appointment of a new CFO with significant industry experience and a long tenure at the company is generally viewed positively by investors. It suggests continuity and a smooth transition, which can be reassuring and potentially positive for the stock price in the short term. However, as this is a planned transition, the immediate impact may be moderate.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100