UPDATE: AuRico Gold Sinks to New Year Low - CEO Steps Down for Health Reasons


AuRico Gold Inc. ( AUQ ) sank to a new year low of $6.23 earlier today, and is currently down 13.4% at around $6.50, after announcing that Ren Marion, its president, chief executive officer and director has tendered his resignation for health reasons effective September 3, 2012. Scott Perry has been appointed president and CEO.

The company said Marion has a non-life threatening degenerative medical condition that will require his full attention as he undergoes treatment. He will remain with the company as a strategic advisor to the Board of Directors.

AUQ trades in a 52-week range of $6.23 - $14.17.

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This article appears in: Investing , Commodities

Referenced Stocks: AUQ

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