CEO Laurel Sayer resigns; Jonathan Cherry appointed CEO; board expands to 10
PERPETUA RESOURCES CORP.
Laurel Sayer resigned as President/CEO effective March 14, 2024; will serve as Senior Advisor until retirement on April 1, 2025.
Jonathan Cherry appointed President/CEO and director, effective March 14, 2024; base salary $425K, target bonus 65%, LTIP target 150%.
Cherry received one-time PSU grants of 50K shares each tied to full permit receipt and board approval of Stibnite Gold Project construction.
Board increased from 9 to 10; CFO Jessica Largent appointed as non-independent director and Technical Committee member.
Sayer's amended employment: base salary $200K, target bonus 35%, equity target 125%; one-time PSU of 20K shares tied to Record of Decision and CEO transition.
the Board approved the appointment of Jonathan Cherry to serve as President and Chief Executive Officer of the Company and as a member of the Board, effective March 14, 2024.
On March 13, 2024, Laurel Sayer tendered her notice of resignation to the board of directors (the “ Board ”) of Perpetua Resources Corp. (the “ Company ”), notifying the Company of her resignation as President and Chief Executive Officer of the Company and as a member of the Board, effective March 14, 2024
Ms. Sayer will serve as Senior Advisor to the Chief Executive Officer effective March 14, 2024, until the Retirement Date.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Jonathan Cherry was appointed as President and Chief Executive Officer at PERPETUA RESOURCES CORP..
Action
appointed
Role
President and Chief Executive Officer
Exact text from the filing
the Board approved the appointment of Jonathan Cherry to serve as President and Chief Executive Officer of the Company and as a member of the Board, effective March 14, 2024.
Laurel Sayer resigned as President and Chief Executive Officer at PERPETUA RESOURCES CORP..
Action
resigned
Role
President and Chief Executive Officer
Exact text from the filing
On March 13, 2024, Laurel Sayer tendered her notice of resignation to the board of directors (the “ Board ”) of Perpetua Resources Corp. (the “ Company ”), notifying the Company of her resignation as President and Chief Executive Officer of the Company and as a member of the Board, effective March 14, 2024
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