John Van Der Wielen replaces former Rio Tinto boss Sam Walsh, who had chaired the mint’s Government-owed operating company, Gold Corporation, since 2019.
Sean Smith
John Van Der Wielen succeeds Neale Fong and adds to his chairmanships of the ASX-listed biotech Orthocell and the WA Government’s Future Health and Research Fund.
Michael Arnett just survived Thursday’s vote at NRW’s annual general meeting in Perth, with 48.6 per cent of voted shares directed against his re-election.
The one-time caravan maker said chair John Klepec had temporarily taken the reins of the company following the “departure” of Sydney-based Mr Nicholson after 4½ years.
The defence company has also disclosed that some of the $70 million of sales occurred on November 10, after DroneShield’s announcement that day of a new contract that was pulled several hours later.
Geraldton-born geologist Erica Smyth was one of the first women to crack the senior executive ranks of Australia’s major resources companies.
Peter Coleman will take over from Alan Tribe next week, two months after embarrassing infighting that saw PYC’s managing director resign and then return five days later.
Her appointment is one of a number of changes to the IGO board since an overhaul announced in June that was influenced by shareholder anger over IGO’s disastrous takeover of Western Areas.
Shares in the WA conglomerate were smashed 7 per cent lower to a three-month low of $86.13, pushing its market value under $100 billion, as shareholders met for the AGM.
A string of "distractions" are the reason why Woolworths failed to deliver for shareholders, the company's leaders say.
William Ton
Gone in 17 minutes! James Hardie investors have ousted chair Anne Lloyd in a forceful backlash after the company pushed through a divisive $15 billion purchase of home-decking provider AZEK.
Angus Whitley
Soon-to-be US funded Northern Minerals is opposing a bid by an unknown accountant supported by mystery backers to become a director.
Former WA treasurer Ben Wyatt has been promoted in a reshuffle of Rio Tinto’s board that has seen the number of directors fall from 14 to ten.
Adrian Rauso
South32’s long-serving chair Karen Wood will step down amid the miner’s leadership refresh, with Fortescue’s former chief financial officer Stephen Pearce set to take her seat on the board.
Santos boss Kevin Gallagher is facing renewed investor scrutiny in the wake of revelations the company’s chief financial officer was abruptly dismissed after raising concerns.
Ross Love and his Turton House Group Pty Ltd had launched action in the Federal Court seeking an injunction “restraining the termination of their engagement” with the WA aerospace company.
The AGM in Brisbane has heard that the appointment of a new CEO will be directed by the next chair
Managing director Rohan Hockings has finally come clean over last month’s extraordinary leadership implosion.
Two new faces will join Mineral Resources’ depleted board following a flurry of shock departures earlier this year, but managing director Chris Ellison will also wave goodbye to another.
Sean Smith and Daniel Newell
Proposals to be put to the AGM next month would change WA’s motoring mutual from an incorporated association to a company limited by guarantee under a constitution governed by the Corporations Act.
It’s the biggest wealth creation in gold in a century, with the rewards spreading beyond executive ranks to also enrich non-executive directors. SEE WHO’S RAKING IT IN.
The nine-year Northrop Grumman deal, which is valued at an initial $US33m ($50.2m), will enable VEEM to compete to supply pre-determined castings for the US Navy’s Virginia-class nuclear submarines.
The AGM in November will consider a revamped rewards scheme for Vanessa Hudson that provides for potentially bigger long-term bonuses but includes a reduced 20 per cent weighting for reputation.
Australian Communications Minister Anika Wells has summoned Singapore Telecommunications to a meeting following a fatal outage at its Optus division, warning it is likely to lead to major financial penalties.