Ricciardo retires from GR, MinRes

The founder of GR Engineering Services and long-serving director of Mineral Resources, Joe Ricciardo, has retired for undisclosed personal reasons.

Mr Ricciardo has stepped down from his role as non-executive director at MinRes and non-executive chairman at GR Engineering, with both companies wishing him and his family the very best for the future.

“Many people will be aware that Joe Ricciardo is a founder of GR Engineering and was responsible for bringing together a team of people who remain active in the business and dedicated to ensuring its continued success,” GR Engineering managing director Geoff Jones said.

“I and the board cannot thank Joe enough for his contribution to the success of the company and for his guidance and counsel over the years, initially as managing director, then as executive chairman and more recently as non-executive chairman.”

Current non-executive director Peter Hood will fill Mr Ricciarado’s role on an interim basis while a search for his successor is carried out.

In a statement, MinRes said Mr Ricciardo brought extensive business experience to the board and provided both the board and management with valuable guidance and assistance.

“The board would like to take this opportunity to acknowledge Joe’s service to the company over the last 10 years as a director and his valuable contribution towards the growth and development of Mineral Resources,” the company said.

“The board is currently considering its overall structure including likely replacements for Joe’s position and an additional independent non-executive director.”