Business
Appointment of new Chief Executive Officer
Appointment of new Chief Executive Officer.
About this update from Kazera Global Plc
[{"type":"text","content":"\n \nRNS Number : 5952T Kennedy Ventures PLC 09 January 2017 \n\n9 January 2017\nKennedy Ventures plc\n \nAppointment of new Chief Executive Officer\n \nKennedy Ventures plc (\"Kennedy Ventures\" or \"the Company\"), the AIM quoted investment company, who through its stake in African Tantalum (Pty) Limited (\"Aftan\") has an interest in the Tantalite Valley Mine (\"TVM\") in Namibia, is pleased to announce the appointment of Mr Larry F. Johnson as a director and the new Chief Executive Officer of Kennedy Ventures with immediate effect. Mr Johnson replaces Peter Hibberd who steps down from the role. \n \nLarry Freeman Johnson, aged 58, has more than 25 years' experience in the tantalum industry having worked with two large US based publicly listed companies with core interests in tantalum. Throughout his career, Larry has held several senior key positions, most recently as Director: Mining and Global Tantalum Supply Chain at KEMET Electronics Corporation. Significantly, Larry spent several years focussing on the development of conflict-free global supply chains, which will be of material benefit for the Company's investee, Aftan. Larry's knowledge of the world tantalum market will enable the Company to consider its future investment strategy as it grows, facilitating further investments in the sector. Larry will be based in Windhoek, Namibia, where he will be seeking further investment opportunities and managing the Company's investment in Aftan.\n \nPeter Hibberd has been with the Company for two years and steps down from the board to pursue other business interests.\n \nGiles Clarke, Chairman of Kennedy Ventures said:\n\"I am very pleased to welcome Larry to the Company, particularly given the unique skill set he will bring with him in the very specialist sector in which we have invested. Larry's global experience in handling supply chains of conflict-free tantalum will provide the Company, and its investee Aftan, with significant experience as Aftan seeks access to invaluable routes to revenue and Kennedy Ventures seeks further investments in the tantalite space. This will be of material benefit to Aftan following the TVM plant expansion, as ramp up concludes and it sees an increase in production of high grade tantalite. I look forward to working closely with Larry.\n \nOn behalf of the...