Northland Resources S.A. announced changes to the executive management team. The company is making organizational changes as a part of its new strategy, announced on June 30, 2014. The changes include a new organizational structure and a reduction in the size of the Management Team.
The Management Team will consist of four positions, besides the Chief Executive Officer (CEO), from September 1, 2014. The following positions will be included in the Management Team: Chief Financial Officer (CFO) - Johan Dagertun, currently holding the position as Vice President Financing and Business Control, will assume the role as CFO; Chief Administrative Officer (CAO) - Tomas Gustafsson, currently holding the position as Project Manager, will assume the role as CAO; Chief Operating Officer (COO) - Johan Balck, in addition to his current position as CEO, will assume the role as acting COO. Furthermore, Pia Vennerberg currently holding the position as Project Manager Pellivuoma, will leave the Company. Pia will be available for some time for the company.