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Hudbay Announces Senior Management Appointment – Hudbay Minerals – Press Release

TORONTO, Oct. 13, 2022 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “Company”) ((TSX, NYSE:HBM) is pleased to announce senior management team appointments. Eugene Lei has been appointed senior vice president and chief financial officer, succeeding Steve Douglas who is leaving the company. Additionally, Mark Gupta has been promoted to Vice President, Corporate Development.

“I would like to congratulate Eugene and Mark on their appointment,” said Peter Kukielski, Hudbay’s President and Chief Executive Officer. “Eugene brings a critical long-term strategic perspective to the finance role that will serve us well as we focus on deleveraging and improving the balance sheet while pursuing our growth strategy with financial discipline. Mark’s experience in corporate development and capital planning positions him as the natural successor to lead the corporate development team. At the same time, I would like to thank Steve Douglas for his contributions to Hudbay at a crucial time for the company and wish him well.”

Eugene Lei joined Hudbay in 2012 and has held a number of leadership positions and leadership roles, including his most recent role as Senior Vice President, Corporate Development & Strategy. He has over 20 years of global mining investment banking, finance and corporate development experience. Prior to joining Hudbay, Mr. Lei was Managing Director, Mining at Macquarie Capital Markets, where he advised on numerous global mining transactions and structured equity and debt market financing. He holds a Bachelor of Commerce (Honours) degree from Queen’s University. In 2015, Mr. Lei received the CIM-Bedford Canadian Young (under 40) Mining Leaders Award from the Canadian Institute of Mining, Metallurgy and Petroleum.

Mark Gupta has worked in various investment banking and corporate development roles for over 12 years, including in Hudbay’s corporate development group from 2014 to 2021 as Lead…

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