Kodiak Copper Corp. (TSX-V:KDK) said it has appointed Mark Laycock as its new chief financial officer (CFO) to succeed Tony Ricci, who is stepping down from day-to-day operations and assuming an advisor role.
In a statement, Claudia Tornquist, president and CEO of Kodiak said: "I am pleased to welcome Mark Laycock to the Kodiak team. His in-depth experience in accounting, financial disclosure and financings will be a great asset to the company.
“Mark has provided senior accounting services to Kodiak for some time and his outstanding work has made him a natural candidate for the CFO succession. I have no doubt Mark will excel in his new role.”
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Laycock is a CPA, CGA with over 15 years of accounting and finance experience in both private and public companies listed on the Canadian and US stock exchanges. Over the past five years he has provided senior accountant and financial reporting services to a number of listed companies including Great Bear Resources Ltd., Northern Empire Resources, Solstice Gold Corp and Kodiak.
Kodiak said it granted 25,000 stock options to Laycock, exercisable at C$0.91 per share for a period of five years.
Commenting on Ricci’s departure from the CFO role, Tornquist said: "I would like to extend my sincere thanks to Kodiak's outgoing CFO Tony Ricci for his guidance and support of Kodiak over the years.
“As a founding CFO and director, Tony has been involved right from the start and was instrumental in growing the company to where it is today. It has been a genuine pleasure working with Tony and I am looking forward to his continuing guidance as an advisor. "
Kodiak is focused on its 100%-owned copper porphyry projects in Canada and the USA. The company's most advanced asset is the MPD copper-gold porphyry project in the prolific Quesnel Trough in south-central British Columbia, Canada.
Contact the author at jon.hopkins@proactiveinvestors.com