25/11/2016 - 11:34

Founding Doray boss to retire

25/11/2016 - 11:34

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The founding managing director of Doray Minerals has announced his resignation after nearly eight years in the role, citing personal reasons for his departure, with non-executive director Leigh Junk to fill the role until a full-time candidate is found.

Allan Kelly has announced his resignation as managing director of Doray Minerals. Photo: Attila Csaszar

The founding managing director of Doray Minerals has announced his resignation after nearly eight years in the role, citing personal reasons for his departure, with non-executive director Leigh Junk to fill the role until a full-time candidate is found.

Allan Kelly founded Doray in 2009 and managed the business through its initial public offering and ASX-listing in early 2010.

He has since watched the business become a prominent Western Australian gold miner, with the company operating its Andy Well and Deflector mines in the state.

Details of his reasons for resigning were not disclosed.

Non-executive director Leigh Junk will join Doray’s executive management team and perform Mr Kelly’s duties on an interim basis following a handover period, while the company searches for a full-time candidate to fill the shoes.

Doray chairman Peter Lester said that, in just more than seven years, Mr Kelly had taken the company from a concept for a new greenfields mineral explorer with a portfolio of projects in WA and South Australia to an ASX300 gold producer that had funded and built two new high-grade gold operations and now directly employed 150 staff.

“Allan built a company with a strong foundation for future growth and has left Doray in good hands,” Mr Lester said.

“We wish him well and continued success in his future endeavours.” 

Doray shares were 3.4 per cent lower to 49.7 cents each at 11:30am.

 

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