Mr. Michael Steinmann has led the Company's geology and exploration activities since he joined Pan American in 2004. While in this role, the Company added over 279 million ounces of new proven and probable silver mineral reserves. Mr. Steinmann was made Executive Vice President in 2008 and he took charge of Pan American's strategic business development activities in 2011. He was promoted to President in February, 2015. He played a pivotal role in the successful acquisition of Aquiline Resources Inc. (Navidad project) and Minefinders Corporation Ltd. (Dolores mine), as well as numerous other exploration and business development initiatives. Mr. Steinmann holds a Ph.D. in Natural Sciences (Geology) from the Swiss Federal Institute of Technology and a Degree in Corporate Finance from Escuela Superior de Administración y Negocios.
Mr. Beaty commented, "I congratulate Michael on his appointment as Chief Executive Officer for Pan American. He has been a long-time and highly valued member of our executive team. I know that he has the right mix of knowledge, experience and dedication to take the reins of our Company at a time when we are expanding two of our best assets and reconfiguring our portfolio to become even stronger mine builders and operators. Michael is a well-recognized and respected professional and will do an outstanding job as our new CEO."
About Pan American Silver
Pan American Silver's mission is to be the world's pre-eminent silver producer, with a reputation for excellence in discovery, engineering, innovation and sustainable development. The Company has seven operating mines in Mexico, Peru, Argentina and Bolivia. Pan American also owns several development projects in Mexico, USA, Peru and Argentina.
SOURCE Pan American Silver Corp.