This week’s executive movements
Mining News Pro - Keep up with the latest executive appointments across the mining sector, including at BHP, IGO and Newmont.
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BHP non-executive director Lindsay Maxsted has retired from her role, with Christine O’Reilly to replae her, effective from October 12.

O’Reilly has an executive career spanning 30 years across financial and operational entities, including being chief executive of the GasNet Australia Group and co-head of unlisted infrastructure investments at Colonial First State Global Asset Management.

She is currently a non-executive director of Stockland, Medibank, CSL and Transurban, the latter two of which she will retire from at the conclusion of their 2020 annual general meetings.

Upon joining the BHP board, O’Reilly will become a member of the risk and audit committee and the remuneration committee.

“We are delighted that O’Reilly will be joining our board,” BHP chair Ken MacKenzie said. “(Her) extensive executive and non-executive experience in financial and operational roles and her wide range of skills will help to strengthen the board’s experience and expertise.”

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IGO chairman Peter Bilbe plans to retire from the board of directors on or before the company’s 2021 annual general meeting, scheduled for November 2021.

Bilbe has been a member of the IGO board since 2009 and has held the role of chairman since July 2011.

As the company prepares for Bilbe’s departure, executive search and board consulting company Gerard Daniels will begin the hunt for a future chair of the company.

IGO expects to complete the search process and make an appointment by the end of December, allowing it to make a smooth and effective transition for the new chair in 2021.

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Newmont has elected Susan N. Story to the board of directors and announced the retirement of independent director J. Kofi bucknor.

With the addition of Story, Newmont maintains gender parity among non-executive board members – with five female and five male independent directors.

“At Newmont, we are proud that the commitment to diversity and reflecting Newmont’s values starts at the top. Newmont’s core value of inclusion and diversity helps us attract and retain the industry’s top talent so we can achieve differentiated business results today and well into the future,” Newmont president and chief executive Tom Palmer said.

Story has more than 38 years of experience in the water, energy and electricity industries. She served as president and chief executive of American Water Works Co until April this year, and was previously senior vice president and chief financial officer and in senior executive roles at Southern Company and Gulf Power Company.

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Greenvale Mining has welcomed Tony Leibowitz and Neil Biddle to its board as chairman and executive director, respectively.

The appointment of the Australian mining executives come as the company completes the disposal of its interest in the Gold Basin project in the United States and turns its focus to its Australian projects moving forward.

Leibowitz is a chartered accountant and business executive with 30-plus years’ experience in corporate finance, investment banking and broad commercial experience.

He was the founding chairman of Pilbara Minerals and is currently the non-executive chairman and director of Bardoc Gold.

Biddle is a geologist and mining executive, with a 30-year plus career in exploration and mining alongside Leibowitz, with a stint as executive director and co-founder of Pilbara Minerals.

As part of Greenvale’s board restructure, Leo Khouri will step down as chairman but remain as a non-executive director of the company.

Company director Stephen Gemell has also resigned from his role as director.

Greenvale is actively recruiting a full-time chief executive to progress its Georgina Basin and Alpha Resources projects.

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Adavale Resources has appointed a new chief executive, Allan Ritchie, who previously held the roles of company non-executive director and managing director.

Ritchie’s 30 years of career span across the investment banking sector with a predominant focus on the energy and resources sectors.

He has also held senior positions with Westpac, ANZ, HSBC and BNP Paribas in Australia, London, New York and Asia Pacific.

Responding to the appointment, Ritchie said, “The integrity and calibre of the recently appointed board and the potential of the company’s strategic plan to develop its nickel based assets gives me confidence.

“I look forward to playing my part in fast tracking the company’s key prospects…”

Adavale owns the Kabanga nickel project in Tanzania and is looking to acquire other advance-stage nickel sulphide projects in the region.

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Mithril Resources has added an additional role to chief executive John Skeet, who is now also managing director.

Skeet has over 30 years’ experience in gold-silver mining, including the development of the Palmarejo silver-gold mine in Mexico.

Mithril is on track to complete its exploration plan in the fourth quarter of this year. The company’s initial drill results returned bonanza gold and silver grades at the Copalquin project in Mexico.

“Again we are delighted to have further secured the services (of Skeet) who is a highly experienced mining executive, with the additional appointment to (managing director) to enable an even closer working relationship with the board and key executives,” Mithril non-executive director Adrien Wing said.


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