The US brewer Adolph Coors Company (ACC) and its principal subsidiary, Coors Brewing Company (CBC), have announced the election of Randall Oliphant to their boards of directors. Oliphant, 44, is the former president & CEO of Barrick Gold Corporation, a Canadian entity and one of the world's largest mining companies. During his tenure as CEO, Barrick achieved its goal of being North America's most profitable gold producer. Oliphant also led an international expansion for Barrick into South America, Australia and Africa, and created a pipeline of new mines that has positioned the company for future growth. Oliphant was with the company for 16 years. Prior to Barrick, he was a Chartered Accountant with PricewaterhouseCoopers. Oliphant's activities include directorships and advisory positions with corporations, not-for-profit organizations and international governments.

"We believe our boards and our company will benefit from Randall's considerable experience managing a global business and we look forward to his contributions," ACC and CBC chairman Peter H. Coors said.

10 December, 2003