Management ChangeJul 31, 2026, 04:38 PM
International Tower Hill Mines Appoints New CEO and COO
AI Summary
International Tower Hill Mines Ltd. announced the appointment of David Wiens as Chief Executive Officer, effective August 17, 2026, and Shane Parrow as President and Chief Operating Officer, effective July 27, 2026. Both were also elected to the company's Board of Directors. Mr. Wiens, previously CFO of Asante Gold Corporation, will succeed Karl Hanneman, who transitions to Strategic Advisor and remains on the Board. Mr. Wiens' compensation includes a $450,000 annual base salary, a target annual cash bonus of 75% of his base, and a new hire equity award of $1.65 million.
Key Highlights
- David Wiens appointed CEO, effective August 17, 2026.
- Shane Parrow appointed President & COO, effective July 27, 2026.
- Wiens and Parrow elected to the Board of Directors.
- Karl Hanneman transitions to Strategic Advisor, remains on Board.
- Wiens' annual base salary set at $450,000.
- Wiens eligible for 75% target annual cash bonus.
- Wiens to receive $1.65M new hire equity award.
- Wiens eligible for 150% target annual equity award.
Price Impact
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