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Management Change

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FOCUS MINERALS ANNOUNCES CEO’S RESIGNATION

Focus Minerals Limited (ASX: FML) – Focus Minerals Limited today announced that Chief Executive Officer Campbell Baird has resigned from the Company.

Focus Minerals’ Chairman, Don Taig, will serve, effective immediately, as Executive Chairman and Acting CEO. The search for a successor to Mr Baird will begin immediately.

In the interim, Mr Taig will be supported by the business’ senior leadership team, including Mark Hine (Chief Operating Officer), Paul Fromson (Chief Financial Officer) and Dean Goodwin (Head of Geology).  This group and the balance of the management team will be undertaking an action based review of the business.

Mr Taig has extensive senior management experience at managing director and CEO level through a number of major Australian companies as well as eleven years within CRA Ltd.’s mining business.  Mr Taig was a founding director of Focus Minerals.

The Board will consider both internal and external candidates for the role of CEO.

“The Board would like to thank Campbell for his accomplishments and the establishment of a talented and experienced management team that is well positioned to lead the Company’s future success,” Mr Taig said.

 

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