Bonanza Goldfield Corporation announced the Board of Directors has named former United States Mint Chief Strategy Officer, Michael Stojsavljevich, as President and Chief Executive Officer effective immediately. Peter Cao, Bonanza's departing interim President and CEO, will continue serving as a member of the Board of Directors. Michael Stojsavljevich served as Chief Strategy Officer at the United States Mint from 2007 - 2011. While at the U.S. Mint, he advised the Director of the United States Mint on strategic planning, economic issues, marketing strategy, and legislative initiatives. Prior to his appointment, Mr. Stojsavljevich worked at Altria Corporate Services, Philip Morris USA and Miller Brewing Company in marketing, finance, and corporate affairs roles.