The Globe and Mail reports in its Wednesday, Oct. 4, edition that Lundin Mining chief executive officer Peter Rockandel is stepping down at the end of the year, and will be succeeded by Jack Lundin, the company's president and the grandson of its founder. The Globe's Niall McGee writes that Mr. Rockandel, 57, a former long-time investment banker with GMP Capital, will have been at the helm of the company for just over two years when he steps down. Mr. Rockandel said in an interview that his departure was a "mutually agreed upon decision" with the company's board. He added that although he was willing to stay on, the Vancouver-based job has been difficult for him for personal reasons, because his family has remained in Ontario. Mr. Rockandel said there had not been any clash between his vision for the company and Mr. Lundin's. Under Mr. Rockandel's leadership, Lundin Mining bought a majority interest in the Caserones copper mine in Chile. He also oversaw the process of moving the company's head office to Vancouver from Toronto, which took about nine months. With Mr. Lundin taking on the CEO role, the company's key officer positions will be held by siblings. Jack Lundin's brother Adam Lundin is currently chairman.