Anthony Makuch, CEO, Lake Shore Gold, has achieved TopGun status as a turnaround CEO according to Brendan Wood International (BWI), a global performance advisor.
The recognition went to Makuch based on Lake Shore Gold’s value appreciation of approximately 187 per cent achieved over the last 18 months along with the Timmins area gold miner’s position on the Brendan Wood Shareholder Confidence Index.
“It is an extraordinary feat to raise a company from its lowest ebb and simultaneously lead investors to a change of mind about that company’s future. Tony Makuch did that and more for Lake Shore Gold last year” said Brendan Wood, Chairman of BWI, in an April 24 news release.
“A year and a half ago shareholder confidence ratings on Lake Shore Gold were deeply disheartening. Tony did not have any investor fans, quite the reverse. He somehow set pessimism aside and went to work to create extraordinary cost efficiency at the mine sites. To say Tony’s boots were on the ground is an understatement”.
Makuch joins other TopGun turnaround CEOs including Brad Gordon, Acacia Mining PLC; George Ogilvie, Kirkland Lake Gold; and Scott Caldwell, Guyana Goldfields.
