Mining services contractor Perenti has recruited Diane Smith-Gander and Andrea Sutton as non-executive directors following its acquisition of local competitor DDH1.
Mining services contractor Perenti has recruited Diane Smith-Gander and Andrea Sutton as non-executive directors following its acquisition of local competitor DDH1.
Perenti acquired the Canning Vale-based drilling specialist through a scheme of arrangement after securing approval from the Federal Court in September.
As part of the takeover, the ASX-listed contractor disbanded the DDH1 board and appointed prominent company director Ms Smith-Gander and mining industry director Ms Sutton to the Perenti board.
Ms Smith-Gander and Ms Sutton had served at DDH1 since March 2021 as non-executive chair and non-executive director, respectively.
The announcement comes one week after the Western Australian contractor launched an on-market share buyback program following the acquisition.
Ms Smith-Gander has worked as a full-time company director since 2009 applying her experience in banking, finance, technology, strategic consulting and management consulting.
She currently serves as the chair of Zip Co, Committee for Economic Development of Australia, HBF Health and University of Western Australia Business School advisory board.
Ms Smith-Gander was recognised as an Officer of the Order of Australia for her service to business, community, women’s engagement in executive roles and gender equality in 2019.
Prior to 2009, Ms Smith-Gander worked at Westpac Banking for more than 10 years in banking operations, technology solutions and change management roles.
Ms Sutton has more than two decades of operational, technical and corporate experience in the mining industry, formerly working at Rio Tinto as general manager infrastructure and later as head of safety, health, environment and security, Energy Resources of Australia as chief executive and Bengalla Mining as general manager operations.
Ms Sutton currently sits on the boards of Red5, Iluka Resources, Australian Naval Infrastructure, and Australian Nuclear Science and Technology Organisation.
Perenti chair Rob Cole said Ms Smith-Gander and Ms Sutton would bring significant expertise to the mining services company.
“Diane and Andrea are highly respected directors, and their skills and experience will be a valuable addition to Perenti and highly complementary to the skills of the current board,” he said.
“On behalf of everyone at Perenti, we look forward to working with Diane and Andrea as we continue to build on our successes, deliver our strategy and create enduring value for all of our stakeholders.”
Perenti recently secured $150 million worth of contracts with Regis Resources, BHP and Catalyst Metals last month.
On the ASX, Perenti shares last traded at $1.06 per share.
