Join our daily newsletter At The Bell to receive exclusive market insights
- Following an international search, Highfield Resources (HFR) has appointed Ignacio Salazar as CEO, effective from July 20 2020
- Chairman and interim CEO Richard Crookes, will continue in the role until then and will work closely with Ignacio as he transitions into the role
- Ignacio has 30 years’ experience in natural resources industry, and he has worked in many countries throughout Europe and South America
- Highfield Resources has ended the day 4.35 per cent in the red with shares trading for 33 cents each
Following an international search, Highfield Resources (HFR) has appointed Ignacio Salazar as CEO, effective from July 20 2020.
Chairman and interim CEO Richard Crookes, will continue in the role until then and will work closely with Ignacio as he transitions into the role.
“After conducting a thorough global search we are delighted to announce this appointment and we are excited that Ignacio has chosen to join us as we advance through this challenging time and onwards towards constructions and production at our world-class Muga Potash Project,” Richard commented.
“Ignacio is an energetic and recognised leader with a strong history of building relationships across cultures and with internal and external stakeholders,” he added.
Ignacio was born and raised in Spain and he has had a successful international career spanning across 30 years – 18 of which he spent with Royal Dutch Shell.
He is an international executive with an extensive career in the natural resources industry, and he has worked in many countries in Europe and South America.
Once he finished his university studies, Masters in both Law and Economics at the University of Deusto in Basque, Spain, Ignacio worked at the Treasury Department of Iberdrola, an electric utility in Spain.
After this, he moved to London with Management Horizon as a Marketing Consultant, then moved back to Madrid to work with Shell.
Soon after joining Shell, Ignacio was placed into an international career where he led large teams in finance and new business developments in countries such as Germany, Argentina, and the United Kingdom.
In 2008 Ignacio left Shell to join London Stock Exchange and Toronto Stock Exchange-listed Orosur Mining as Chief Financial Officer (CFO).
He was appointed CEO of Orosur in 2013 and this is where he currently works.
“I am delighted to be joining the Highfield team in Pamplona in this crucial moment and keen to start contributing to the company,” Ignacio commented.
“Highfield has the ingredients and the potential to create a substantial successful potash business with its Muga project in Spain,” he continued.
“I look forward to working with Richard, the Board and the entire team to make sure we realise that potential and create significant value for shareholders and all stakeholders alike,” he added.
Highfield Resources has ended the day 4.35 per cent in the red with shares trading for 33 cents each in a $113.6 million market cap.
