Prior to joining Teck in 2020, Price worked at BHP for 14 years in a variety of senior roles. Conger has served as Teck’s executive vice president and COO since September 2020. Prior to joining the company, Conger held the role of President and COO-Americas with Freeport-McMoRan.
Lindsay, 63, spearheaded a number of large deals during his time at Teck, but also received criticism from investors over his pay and performance.
The announcement of his departure was one of several updates the Vancouver-based miner posted after markets closed on Tuesday.
As predicted by BMO analyst Jackie Przybylowski, shares in the company this morning are reflecting markets reactions to the array of news delivered by the company. The stock dropped 1.9% in New York at the opening and was trading last at $26.32. In Toronto, shares fell by 2% and they were last changing hands at C$33.92 each.
“In our view, the announcement is viewed as a negative…
