Endeavour Mining Corp. said Oct. 4 that Vincent Benoit was appointed to its newly created post of executive vice president, CFO and corporate development, effective Nov. 1, to oversee the company's finance, strategy, corporate development and investor relations.

Benoit, previously the miner's executive vice president for strategy and business for development, will replace Ota Hally as CFO, though Hally will remain with Endeavour Mining until the end of the year to facilitate a smooth transition.

In addition, Douglas Bowlby and Richard Thomas stepped down as executive vice presidents of the company and will not be replaced.

The changes are part of the company's efforts to streamline its organizational structure, reducing its leadership team to six executives from 10 at the beginning of the year.