Follow the leaders: This week’s executive movements

Keep up with the latest executive movements across the mining sector, including at Rio Tinto, IGO, CIMIC Group and more.

Rio Tinto has made two title changes within its board, with group executive human resources Vera Kirikova taking on the position of chief people officer and group executive group general counsel Barbara Levi becoming chief legal, governance and ethics officer.

This followed the appointment of new chief executive Jakob Stausholm in December, which came into effect last week.

From January, Rio Tinto has made changes to which company executives are considered key management personnel (KMP) under the Australian corporations legislation.

Stausholm remains as KMP, along with chief executive energy and minerals Bold Baatar, chief executive aluminium Alf Barrios, chief executive copper and diamonds Arnaud Soirat, interim chief executive iron ore Ivan Vella, chief commercial officer Simon Trott and group executive strategy and development Peter Toth.

Kirikova, Levi and group executive safety technical and projects Mark Davies are no longer considered KMP.

“This change has been made to align those executives classified as KMP with those classified as persons discharging management responsibilities (PDMR) under United Kingdom legislation,” Rio Tinto stated.

“Consistent with our efforts to simplify and align activities across the group, the board has agreed a change to the classification of executives designated as KMP.”

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IGO has welcomed Michael Nossal as independent non-executive director ahead of his expected transition into the chair role by mid-2021.

Nossal has nearly 35 years’ experience across gold, base metals and industrial minerals in the areas of business development, exploration, project development and operations.

He has held executive and board positions at companies such as Newcrest, MMG, WMC Resources, Lundin Gold, Nordgold, En+Group, UC Rusal, Normandy Mining and more.

IGO chairperson Peter Bilbe said IGO was delighted with Nossal’s acceptance to join the company board.

“(Nossal) is a highly regarded senior mining executive, having held board and senior executive positions in a wide range of companies, and brings an impressive range of skills, capabilities and qualities,” Bilbe said.

“In particular, (he) brings strong strategy and business development skills. His sense of purpose and personal values are very much aligned with the culture we have built and continue to build at IGO.

“I welcome (Nossal) on to the board and look forward to working closely with him over the next six months to ensure his smooth transition into the chair position.”

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The CIMIC Group will start 2021 under new financial guidance, with UGL chief financial officer Emilio Grande joining the former in the same role.

Grande succeeds incumbent chief financial officer Stefan Camphausen, bringing more than 15 years’ international banking, infrastructure and financial leadership experience to the position.

Grande was previously deputy chief financial officer for CIMIC.

“(Grande’s) involvement with key strategic initiatives at CIMIC and across our operating companies has given him deep knowledge of our operations and equips him well for the role,” CIMIC Group executive chairman and chief executive Juan Santamaria said.

“He is a strong leader for our business with a total commitment to delivering excellence for our people, clients, shareholders and other stakeholders.”

Santamaria also recognised Camphausen’s achievements in his 15-year career with the company, particularly for completing the sale of half its stake in Thiess.

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DeGrey Mining has named Peter Canterbury as its new chief financial officer, effective this February.

Canterbury is a certified practicing accountant with broad experience as a mining executive, having served in senior roles within the industry for almost two decades.

His previous positions include managing director of Triton Minerals, chief executive and executive director of Bauxite Resources and chief financial officer and acting chief executive of Sundance Resources.

His financial experience is expected to support DeGrey’s ambitions of becoming a Tier 1 gold producer through the Mallina gold project in Western Australia’s Pilbara region.

Craig Nelmes, who has been De Grey’s chief financial officer since October 2013, will continue in his additional role as company secretary.

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Sandfire Resources has strengthened its board with Jennifer Morris and John Richards joining the company as non-executive directors.

These appointments mark an important step in Sandfire’s board succession plan, ensuring it has a well-credentialed board to oversee a new growth era.

Morris is a non-executive director of Fortescue Metals Group and commissioner of the Australian Sports Commission.

She is a former Deloitte partner of 10 years, where she worked across the mining, government and transport sectors, and was also a senior marketing analyst for Rio Tinto Iron Ore.

In addition to the directorship, Morris will also be a member of Sandfire’s risk as well as people and performance committees.

Richards is an economist by trade with a resources industry career spanning more than 35 years.

He is currently a non-executive director of Saracen Mineral Holdings and non-executive chair of Sheffield Resources.

His previous positions include Normandy Mining group executive – strategy and business development, Standard Bank head of mining and metals advisory (Australia), Buka Minerals managing director and Global Natural Resources Investments operating partner.

He will also chair the Sandfire audit committee and sit alongside Morris as a member of the risk committee.

Sandfire farewells long-standing director Rob Scott, who has retired from the company board after 10 years of service.

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