Business
Appointment of Non-Executive Director and Chair...
Appointment of Non-Executive Director and Chair....
About this update from Kenmare Resources Plc
[{"type":"text","content":"\n \n \n Appointment of Non-Executive Director and Chair Designate\n \n \n \n \n Kenmare Resources plc\n (“Kenmare” or “the Company” or “the Group”)\n 3 December 2021\n \n Board Update - \n Appointment of Non-Executive \n Director and \n Chair Designate\n \n Kenmare Resources plc (LSE:KMR, ISE:KMR), one of the leading global producers of titanium minerals and zircon, announces the appointment of Andrew Webb as a Non-Executive Director and Chair designate. Mr Webb was appointed to the Board on 2 December 2021 and is expected to succeed Steven McTiernan as Chair of Kenmare’s Board of Directors. Mr McTiernan will step down from the Board following the Company’s 2022 Annual General Meeting, having completed a nine-year term on the Board.\n Mr Webb’s appointment follows a thorough evaluation and succession process led by the Nomination Committee, in conjunction with independent executive search firm, The Effective Board LLP. Mr Webb brings significant financial and natural resources experience to the Kenmare Board, as well as valuable commercial expertise, insight and strategic leadership.\n \n Retirement of Steven McTiernan\n Steven McTiernan was appointed a Non-Executive Director of the Group in March 2013 and as Chair in June 2014. Under his leadership, the Group has developed significantly, successfully completing three growth projects, with production and profitability records set in H1 2021.\n \n Appointment of Andrew Webb\n Andrew Webb brings extensive natural resources and financial advisory experience to the Board. Mr Webb was previously a Managing Director at Rothschild & Co. in the Global Advisory team, where he worked for 25 years until September 2018. During this time, Andrew advised governments, private and listed companies and joint ventures on strategy, fundraisings, debt financings, mergers, on and off-market acquisitions, disposals and restructurings. He currently acts a non-executive director of several private companies and voluntary organisations and as a consultant to Berkeley Research Group.\n Andrew has a BA & MA in Natural Sciences from the University of Cambridge.\n \n Statement from Steven McTiernan, Chair of Kenmare:\n “It has been an honour to be Chair of Kenmare, and I leave the Company in a strong position. Since joining the Board in 2013, and becoming Chairman in 2014, Kenmare has transformed a...