Beament welcomes Chaney as next Northern Star chair

Northern Star Resources has appointed Michael Chaney as its non-executive chair, effective from July 1.

The gold miner stated that Chaney is one of Australia’s most respected business figures with more than four decades of experience.

He is currently Wesfarmers chairman and was previously chairman of both National Australia Bank and Woodside Petroleum.

He was also a BHP director and Wesfarmers managing director from 1992 to 2005.

Chaney will replace Bill Beament, who will leave the Northern Star board on July 1.

Beament said Chaney’s wealth of experience would be invaluable to Northern Star as it entered its next chapter of growth.

“I am delighted that Michael has agreed to take on the role,” Beament said.

“He is one of Australia’s most respected and successful business leaders, whose vast knowledge and experience at the highest levels will be invaluable to the company as it embarks on its next chapter.”

Chaney said he relished the opportunity with Northern Star.

“Northern Star is in an enviable position with a world-class gold inventory and strong ESG credentials which is testament to the exceptional quality of its team,” he said.

“I look forward to working with the team to help ensure the company continues to generate strong operational, financial and ESG results for the benefit of all its stakeholders.”

Chaney holds Bachelor of Science and Master of Business Administration degrees from the University of Western Australia.

He worked for eight years as a petroleum geologist in Australia and the US.

Northern Star is a global-scale Australian gold producer with projects located in Australia and North America.

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