Silver Standard Resources' (Nasdaq:SSRI) New CEO

Silver Standard Resources (SSRI) announced today they appointed John Smith as Chief Executive Officer of the company, with his official starting day August 6, 2010.

Until the time Smith assumes his responsibilities, Interim President and CEO Mike Anglin will continue to serve in that capacity. At that time, Anglin will resume his role as director.

Smith comes from BHP Billiton (NYSE: BHP) where his last position was as Vice President, Resourcing and Development.

He was also CEO of BHP Billiton Mitsubishi Alliance, which operates a large coal operation in Queensland, Australia.

SSIR finished the day at $18.14, an increase of $0.35, and a 1.97 percent rise.