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Thursday, December 1, 2022

Evolution Mining appoint veteran Finance Director Lawrie Conway as its new Chief Executive Officer and Managing Director.

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“Lawrie has played a key role in Evolution’s growth and development since its formation, initially as a Non- Executive Director from November 2011 and later as the Chief Financial Officer and Finance Director since August 2014. We have worked very effectively together and with the full support of the Board and the Leadership Team, we are confident that this will continue into the future.”

Jake Klein,
Executive Chair,
Evolution Mining.

Evolution Mining has appointed its Finance Director and Chief Financial Officer, Mr Lawrie Conway to the role of Chief Executive Officer and Managing Director, effective 1 January 2023. Mr Jake Klein, who founded Evolution in 2011, will continue in the role of Executive Chair and has agreed to a new contract which will see him remain in this role until at least the end of 2024.

Commenting on Mr Conway’s new appointment, Mr Klein, said:
“Evolution has transformed its portfolio of operations over the past few years and given the structure and scale of the business, now is the right time to appoint a CEO and Lawrie is the ideal candidate. The creation of this role will allow us to continue to deliver on both Evolution’s strategic ambitions and operational performance and establishes the organisational structure for the next chapter of growth and development. Lawrie will bring a necessary whole of business focus as we progress the implementation of our vision of building Evolution into a premier, global gold company.

We have a very strong team and foundation in place and it is pleasing that we have started the new financial year well with our July and August operational performance in line with plan.

Lawrie has played a key role in Evolution’s growth and development since its formation, initially as a Non- Executive Director from November 2011 and later as the Chief Financial Officer and Finance Director since August 2014. We have worked very effectively together and with the full support of the Board and the Leadership Team, we are confident that this will continue into the future.”

Commenting on his appointment, Mr Conway, said:

“It is a real privilege to be appointed to the role of Chief Executive Officer and Managing Director as Evolution moves into the next phase of our journey to be a premier, global gold company. Evolution has a highly talented workforce committed to safely delivering our plans from a high-quality portfolio of assets.

I have had the pleasure of working closely with Jake since Evolution was formed and look forward to continuing to work closely with him in his role as Executive Chair and with the Leadership Team moving forward.”

A search for a new Chief Financial Officer has commenced. Mr Conway was appointed Finance Director and Chief Financial Officer of Evolution Mining Limited on 1 August 2014. He had previously served as a Non-Executive Director of the Company since its formation in November 2011.

Mr Conway has more than 30 years’ experience in the resources sector across a diverse range of commercial, financial and operational activities. He has held a mix of corporate, operational and commercial roles within Australia, Papua New Guinea and Chile with Newcrest Mining and prior to that with BHP Billiton. Prior to his extensive experience with Evolution, he most recently held the position of Executive General Manager – Commercial and West Africa with Newcrest where he was responsible for Newcrest’s group Supply andLogistics, Marketing, Information Technology and Laboratory functions as well as Newcrest’s business in West Africa.

About Evolution Mining

Evolution Mining is a leading, globally relevant gold miner. Evolution operates five wholly-owned mines – Cowal in New South Wales, Ernest Henry and Mt Rawdon in Queensland, Mungari in Western Australia, and Red Lake in Ontario, Canada. Financial Year 2023 gold production guidance is 720,000 ounces (+/-5%) at a sector leading All-in Sustaining Cost of $1,240 per ounce (+/-5%).

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