Kirkland Lake Gold (TSE:KGI) makes mysterious management change 

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Chief executive George Ogilvie was replaced by Tony Makuch

The news, when it came following a period of differences of view on strategy between the board and management of Kirkland Lake Gold, was delivered very late Sunday night — a mere half a day before the company’s annual meeting.

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The news: the company, which last year acquired St. Andrews Gold and which over the past two years had generated a total return of 252 per cent, or eight times the gain for the gold index over the same period, had parted ways with its chief executive George Ogilvie. Ogilvie was replaced by Tony Makuch, currently president of Canadian operations at Tahoe Resources and before that chief executive at Lake Shore Gold.

Read the full article at: business.financialpost.com

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