Junior makes board changes as it pursues European cobalt market
JOHANNESBURG (miningweekly.com) – Australian junior Riedel Resources has made two key board appointments, which the company says will help drive its new direction of securing and developing cobalt and tech-energy metals opportunities in European lithium-ion markets.
The ASX-listed firm appointed former Alcoa Europe projects manager Alexander Sutherland as a nonexecutive director. Currently located in Switzerland, Sutherland has extensive international experience, including 15 years in Europe, eight in the Asia Pacific region and two years in the US.
“He brings significant knowledge of international finance and the resources sector and provides international depth to our executive team as Riedel pursues exploration and development opportunities outside of Australia,” the company said in a statement on Wednesday.
Riedel has also appointed entrepreneur Scott Cuomo as a nonexecutive director. He will relocate from Sydney to join executive chairperson Jeffrey Moore in Perth.
The company said that Cuomo’s career spanned over 25 years and included establishing Vodafone’s largest Australian retail partner. “He offers valuable experience in strategic planning, risk management and has vast networks in the mobile telecommunications industry.”
To facilitate these new appointments, Mark Skiffington and Luke Matthews have stepped down as nonexecutive directors after more than 18 months with the company.
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