Magma makes management changes, opens Iceland office

In Canada, Magma Energy Corp. announced a number of management changes and additions. The company promoted Dr. Catherine Hickson to Vice President, Exploration and Chief Geologist. She will head all of the company’s international exploration activities. Andrea Zaradic was promoted to Vice President, Operations and Development and will lead all of Magma’s geothermal development projects, including the current expansion at Soda Lake and the programs planned at HS Orka’s projects in Iceland. The President of Magma’s U.S. subsidiary, Dr. Frank Monastero, will retire effective February 28 and continue his involvement with Magma in an advisory role. Dick Benoit has joined the subsidiary as Exploration Manager. Finally, the company said that it has opened a new office in Iceland, and has added a number of Iceland geothermal experts previously worked for Geysir Green Energy.