Pilbara Minerals, a leading Australian lithium producer, has announced that Alex Eastwood, Chief Commercial and Legal Officer, and Company Secretary, will be stepping down from his position.
The decision comes after more than seven years with the company and reflects his desire to spend more time with his family and personal interests. Mr Eastwood has played a critical role in the company's success, leading both the legal and commercial strategies for the business. He has been instrumental in instigating significant initiatives, such as project funding and financing and joint ventures with POSCO and Calix.
New Joint Company Secretary Appointed
Effective immediately, Danielle Webber, Pilbara Minerals' current Deputy Company Secretary, will assume the role of Joint Company Secretary. Ms Webber will be responsible for managing communication between the company and the ASX. Mr Eastwood will remain with the company until November 24, 2023, to ensure a smooth transition.
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Recruitment Process Underway for Replacement
Pilbara Minerals has initiated a recruitment process with Heidrick & Struggles, an executive search firm, to find a suitable replacement for Mr Eastwood. The company expects the transition to be seamless and effective.
Mr Eastwood Reflects on His Time at Pilbara Minerals
Mr Eastwood noted that his tenure at Pilbara Minerals had been an incredible journey and that he was proud of what the team had achieved in creating a market-leading company. He said, "Pilbara Minerals is now in an enviable position with a strong balance sheet and portfolio of exciting growth projects and opportunities ahead. " Furthermore, he expressed confidence in the company's future, stating that he was leaving it in capable hands.
Pilbara Minerals' CEO Commends Mr Eastwood
The Managing Director and CEO of Pilbara Minerals, Dale Henderson, thanked Mr Eastwood for his significant contribution to the company over the last seven years. He noted that Mr Eastwood had a relentless work ethic and an unwavering dedication to the company, and his astute legal and commercial mind had been instrumental in the company's success to date. He went on to say that Mr Eastwood would be leaving the company in a strong position, and the company was well-placed for the future due to his hard work and significant contribution.
Closing Thoughts
Mr Eastwood's departure from Pilbara Minerals after seven years leaves a big gap to fill. However, with the recruitment process underway, Pilbara Minerals is confident that they will find the right person for the job to maintain their reputation as an industry leader. In the meantime, Ms Webber's appointment as Joint Company Secretary ensures a smooth transition in the next few months. Alex Eastwood's contributions to the company will be remembered, and his legacy will remain with the company for years to come.
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