Talisman MD steps aside

1st April 2016 By: Esmarie Iannucci - Creamer Media Senior Deputy Editor: Australasia

PERTH (miningweekly.com) – Gary Lethridge has resigned as MD of ASX-listed Talisman Mining, as he hoped to spend more time with his family.

“With Talisman now well-funded to meet its Springfield commitments, the maiden Monty resource imminent and exploration activities continuing to gather momentum at Doolgunna, Talisman is in a strong position to realise its objective of becoming a successful midtier mining company,” Lethridge said on Friday.

CFO Dan Madden had been appointed acting CEO while the Talisman board started an executive search process.

Meanwhile, the company appointed Jeremy Kirkwood to the board as nonexecutive chairperson. He would replace Alan Senior, who had agreed to step down as chairperson and would remain on the board as a nonexecutive director.

Kirkwood has been a principal with Pilot Advisory Group and was previously MD at Credit Suisse, Morgan Stanley and Austock. He has primarily worked in public markets, undertaking merger and acquisitions and capital raisings for companies principally in the metals and mining, energy and infrastructure sectors.

He had been a director of companies in the not-for-profit sector and was currently chairperson of Geelong Grammar School and Independent Schools Victoria.