New managers for Whitehaven and Linc Energy

Whitehaven Coal and Linc Energy are the latest resources companies to shake-up their management teams, with Whitehaven replacing its long-time CEO and Linc appointing a new CFO.

In a statement today Whitehaven appointed non-executive director Paul Flynn as its new managing director and CEO, taking over from Tony Haggarty, who has held the role since 2008.

Whitehaven said Haggarty would stay on as a non-executive director to assist with the transition, which will be effective from 25 March.

Flynn has been a non-executive director at Whitehaven since the company's merger with Aston Resources in 2012, and prior to that he was managing director of Tinkler Group Holdings.

Flynn previously spent eighteen years at Ernst & Young, and climbed to reach managing partner of the company's Sydney business, which worked with a number of large mining and engineering companies.

Whitehaven chairman Mark Vaile said a succession plan had been underway for some time following the Aston merger.

“A thorough executive search process has been carried out, with consideration of a number of candidates,” he said.

“During the process it became clear that Flynn's combination of resources industry experience, financial acumen and executive leadership skills form a highly attractive combination with our recently-expanded senior management team.”

In other changes Suart Jones has started work as CFO of oil and gas company Linc Energy, replacing Anton Rohner who left in August 2012.

Jones is currently an oil and gas consultant, and previously worked at Nexus Energy as general manager finance and investor relations.

The new appointments are the latest in a long line of recent changes in the resources industry.

This week BHP Billiton CEO Marius Kloppers officially announced his resignation, with the company's non-ferrous boss Andrew MacKenzie stepping into the new role.

Other companies to make leadership changes recently include Boart Longyear, Anglo American, Rio Tinto, and AngloGold.

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