Elvis has left the building July 15
THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. The Whisperer pokes his head down the corridors of power to take a quick look at some of the chairs to have recently been vacated and to find out which ones have been filled:
Gloucester Coal appoints new general manager marketing
Gloucester Coal has appointed Ross Monks to the role of general manager marketing.
Monks joins Gloucester Coal from Vale Australia where he held the position of senior marketing manager coal for four years and was responsible for the sale of around 7 million tonnes of metallurgical and thermal coal to markets in Japan, Korea and Taiwan.
He has also worked on marketing opportunities in the Asian markets for coal from Mozambique.
The coal sales under his management were exported out of Dalrymple Bay Coal Terminal in Queensland and Port Waratah Coal Services in NSW.
Strike Energy boardroom shuffle
Simon Ashton has advised the Strike Energy board he intends stepping down from the position of managing director at a mutually agreeable time following completion of the company’s current Capital Raising.
As a consequence, the Board has initiated discussions with David Wrench, a non-executive director of the company, in relation to him assuming the position of chief executive officer.
Ashton’s wealth of experience in oil and gas exploration will not be lost to the company however, as he has agreed to maintain an active ongoing involvement as a non- executive director and consultant.
In addition, Strike Energy said the board will be taking steps to bolster the company’s senior management in order to support the progress the company expects to be making in the coming 12 months.
Particularly on completion of the current Capital Raising the intention is:
To add to the senior team in the United States, so as to increase the Company’s operational and commercial capabilities in that market; and
To introduce a further suitably qualified independent director to the Board of the Company.
Strike said it expects to be in a position to announce the final details in relation to the above matters on conclusion of the Capital Raising.
New director appointment
Environmental Clean Technologies announced the appointment of Iain McEwin as a new director.
McEwin brings considerable business experience through the ownership and operation of his own business as a supplier to the building and construction industry.
According to ECT his success has been founded upon the successful introduction and commercialisation of new technology to the industry.
McEwin is also one of the top five shareholders in the company.