Board Moves March 19, 2020

Douglas Loh, Tim Desmond and Terry Smart have resigned from the board of DXN. The resignations will leave the current board with 3 members, helping to reduce board fees. John Baillie will take over from Douglas Loh as chair elect.

Petar Tomasevic has resigned as non-executive director of Fenix Resources.

Leeanne Bond has resigned as non-executive director of Liquefied Natural Gas, having served on the board since October 2009.

After more than a decade-long tenure on the board of Sheffield Resources, Will Burbury will step down as non-executive chair and become non-executive director. Current non-executive director John Richards will take over as non-executive chair.

Spectrum Metals has appointed Kevin Lines, Mark Zeptner and Tim Manners as non-executive directors following its takeover offer by Ramelius Resources. Richard Jones has also been appointed joint company secretary. Mr  Lines is a geologist with over 35 years of experience in mineral exploration and mining for gold, copper, lead, zinc and tin. Mr  Zeptner has over 25 years of industry experience including senior operational and management positions with companies at their major gold and nickel assets in Australia and offshore. Mr  Manners is a finance professional with over 25 years of experience in accounting, corporate finance and financial management functions within the resources industry. Spectrum has also advised that James Croser, Nader El Sayed and Les Davis have resigned from the board.

Wesfarmers has made some changes to the leadership structure of its industrial businesses with David Baxby stepping down as managing director of industrials division. Tim Bult, director of associate businesses and corporate projects, will become managing director of industrial & safety. Mr  Bult has significant operational and commercial experience, having served in a range of leadership positions at Wesfarmers including as managing director of energy, executive general manager of business development, and led the successful demerger of Coles.