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Iamgold's Pugliese to retire

Iamgold has announced three of its directors, including chairman Bill Pugliese, will retire from the board at its annual shareholder meeting on May 11.

Pugliese is the founder of Iamgold and has been chairman for 25 years, while John Shaw and Guy Dufresne, who are both standing down, have been with the company since 2005 and 2006, respectively.