Ero Copper has announced that, effective January 1, 2025, its co-founder and board chairman Noel Dunn will retire and be succeeded by David Strang as executive chairman and Makko DeFilippo as president and CEO.
Gelson Batista will succeed DeFilippo in the latter’s current seat as COO.
This leadership transition is part of the succession plan initiated by Ero’s board of directors in January 2023 with Dunn’s retirement as executive chairman.
Dunn called his service a “tremendous privilege” over Ero’s growth.
“As I retire from the board, I remain immensely proud of what we have accomplished and am excited about the company’s bright future under Makko’s leadership. I have seen firsthand Makko’s dedication, expertise, and deep commitment to our values, and I am confident that Ero Copper is in exceptionally capable hands.”
Strang added: “Having guided Ero from its early days as a 20,000-tonne-a-year copper producer to what I anticipate will become a 100,000-tonne producer, and with a stable financial footing across three operations, the time is right for me to transition day-to-day leadership to Makko, who has been integral to our success. As executive chairman, I will remain actively involved in Ero’s strategic direction, and I am confident that with Makko’s strong leadership and vision, Ero will continue to prosper and grow. We have built a solid foundation, and I look forward to seeing the Company flourishing under his stewardship.”
DeFilippo said he is deeply committed to the company’s values.
“Ero has endless potential and I am confident that with the support of our exceptional project and operational teams, we will deliver on the full potential of our assets to create exceptional value for all stakeholders.”
Canadian-based Ero is focused on operations in Brazil.
Source: Ero Copper