Business
Directorate Change and Appointment of Chairman
Directorate Change and Appointment of Chairman.
About this update from Sylvania Platinum Ltd.
[{"type":"text","content":"\n \nRNS Number : 7536V Sylvania Platinum Limited 17 January 2013 \n \n\nSylvania Platinum Limited\n(\"Sylvania Platinum\", \"Sylvania\" or the \"Company\")\n(AIM: SLP)\n \nDirectorate Change\nAppointment of Chairman \n \nSylvania Platinum Limited, the low-cost platinum group metal producer and developer, today announces the appointment of Stuart Murray as Chairman of Sylvania, effective 1 April 2013. Mr Murray replaces Richard Rossiter who has stepped down from the Board of Sylvania.\n \nRoger Williams, a current Non-Executive Director of the Company, will take on the responsibilities of Chairman with immediate effect and until such time Mr Murray assumes the chairmanship. \n \nDetail on Stuart Murray\n \nMr Murray has over 25 years of executive experience in the Southern African platinum sector, commencing his career at Impala Platinum's Refineries in 1984. He held a number of positions at Impala Platinum, Rhodium Reefs Ltd, Barplats, and Middelburg Steel and Alloys, before joining Aquarius Platinum Limited in 2001 as Chief Executive Officer, holding that position until 2012. He is currently a Non-Executive Director of Talvivaara Mining Company Plc, the Finnish nickel miner. Mr Murray gained a Bachelor of Science (Engineering) degree in Chemical Engineering from Imperial College, University of London in 1984. \n \nThe Board believes that Mr Murray's experience and knowledge of the sector will be an asset to the Company in achieving its strategic goals. His appointment is a continuation of the Company's strategy to build Sylvania Platinum into the leading mid-tier, low unit-cost, platinum group metals producer.\n \nOther board and management changes\n \nLouis Carroll, formerly the Finance Director, has agreed to continue with Sylvania as the Company Secretary. Mr. Carroll did not stand for re-election at the last AGM. Sylvania intends to strengthen its Board further and will charge the new Chairman with this role when he starts in April.\n \nNigel Trevarthen, Deputy CEO, is appointed as Managing Director of Sylvania South Africa (Pty) Limited, an operating subsidiary of the Company, with overall responsibility for South African operations. \n \nLewanne Carminati is appointed as Finance Director of Sylvania South Africa (Pty) Limited. \n \nThese appointment...