North American Palladium (NAP) has selected William Biggar as its new president and CEO. He replaces James Excell who will step down Oct. 1.
Biggar brings to the Toronto miner extensive experience in corporate finance, development, merger and acquisitions. He has served in senior posts at Barrick Gold Corporation, at The Horsham Corporation in investment banking, Magna International and MI Developments.
Board chairman Andre Douchane says NAP is positioned to grow its core assets, which includes its Lac des Iles Mine in northwestern Ontario, and expand its interests outside of palladium and platinum. In a company release, Excell's leadership is credited for increasing production at Lac des Iles by 21 per cent and assisting the company in completing an $86 million equity financing.
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