Women take leadership at Toro Energy

Toro Energy is set for a leadership change as two women take the top ranking jobs

Toro announced that Vanessa Guthrie will replace Greg Hall as chief executive in February after Hall decided to leave the company and join copper producer Hillgrove Resources.

Erica Smyth, who has led the Toro board for more than three years, will be the new chairman of the company.

Steve Burrell from the Australian Institute of Company Directors told SMH the appointment of two women to top ranking roles was a first.

'To our knowledge this is the first time there has been the double of a female chair and a female CEO,' he said.

Guthrie has recently been in charge of Toro’s Wiluna project and says the appointment of herself and Smyth was about ‘being the right person for the job.’

'It's unique and it's unusual but both Erica and I would like to believe that in time it will become quite the norm and not quite so unusual.''

A new report shows WA is lacking in gender diversity with women only representing 4 per cent of board members with new figures showing that the number of women on publicly-listed boards in WA is worse than the national average ten years ago.

The announcement comes as Toro Energy waits for final approval to go ahead with its Wiluna uranium mine in Western Australia.

The controversial mine will process 1.3 million tonnes of ore annually, and produce around 820 tonnes of uranium oxide concentrate.

Under Toro’s plans uranium oxide will be transported from Wiluna through the outskirts of Kalgoorlie and over the border into South Australia.

Having already won state approval, the company is now waiting for federal approval.

A decision is expected in the coming weeks with Toro to make a final investment decision in late 2013.

Image: Toro Energy

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