Ramelius announce new CEO

Ramelius has appointed Mark Zeptner as CEO following current chief Ian Gordon’s announcement that he will step down in June.

Zeptner moves into the position from his current role as the company’s COO.

He has previously held a number of senior management roles at WMC and Gold Fields.

Gordon has been with Ramelius since 2007, stepping into the CEO role in 2009.

During his time with the company Gordon oversaw the development of Ramelius’ Wattle Dam underground mine and its eventual closure last year, as well as the development of the Mt Magnet gold project.

He was also at head of the company last year when it recorded a loss before income tax of $67.7 million for the year to June 30, largely because of impairment costs of $61.8 million against the carrying value of its assets.

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