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Catalyst Metals (ASX:CYL) appoints John McKinstry as CEO

Materials
ASX:CYL      MCAP $192.7M
04 October 2021 14:10 (AEST)
Catalyst Metals (ASX:CYL) - CEO, John McKinstry

Source: LinkedIn

A Catalyst Metals’ (CYL) General Manager has been promoted to the role of Chief Executive Officer.

John McKinstry, who has held the role of General Manager Technical Services and Development since September, will take up the helm of the company, effective immediately.

The new role comes with a $350,000 salary per annum, plus superannuation.

The new appointee comes with a background in open pit and underground mining and development, having held senior management position in gold and base metal mines both in Australia and overseas.

“Having been brought in to accelerate the development plans for the Bendigo projects these will remain a key focus area for me,” Mr McKinstry said.

“I look forward to Catalyst continuing to work with its joint venture partners to unlock the potential of its assets, and the company increasing its already significant presence in the Victorian and Tasmanian gold sector.”

The news follows Bruce Robertson’s step back from being the company’s CEO after he took the role in January 2021. The move was attributed to personal reasons and ongoing difficulties caused by the COVID-19 pandemic restricting travelling between his base in rural NSW to manage operations in Victoria and Tasmania.

Catalyst Metals closed up 1.63 per cent at $1.87.

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