As an ambitious Iowa farm kid, Coeur Mining CEO Mitch Krebs always dreamed of running a company, imagining what it would be like to be surrounded by success like Donald Trump, instead of seemingly endless fields of bean and corn crops. That dream stayed with him after graduating university and landing a job on Wall Street, so Krebs set his sights on getting a Harvard MBA. In 2011, all the career planning and hard work paid off when the largest U.S.-based silver producer named Krebs as its new CEO. At the time, the company looked healthy. But within a week of being CEO, Krebs realized that good times in the commodity markets had hidden big problems at Coeur, which employs about 2,100 people and operates five precious metals mines in the Americas. In this Ivey Interview, Krebs talks about how to fight unexpected challenges as a new CEO, not to mention how to deal with the kind of late-night calls that make you scared of hearing your phone ring.
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