PriceSensitive

IGO’s (ASX:IGO) “inspirational” leader Peter Bradford passes away

ASX 200, ASX News, Mining
ASX:IGO      MCAP $5.936B
17 October 2022 13:47 (AEST)

This browser does not support the video element.

Exploration and mining company IGO’s (IGO) CEO and Managing Director Peter Bradford has sadly passed away.

Mr Bradford reportedly died suddenly on Saturday, October 15 at age 64, the company did not reveal his cause of death.

Remembered as an inspirational leader, Mr Bradford was the head of IGO since March 2014 and was also President of Association of Mining and Exploration Companies (AMEC), an active mentor for Women in Mining WA (WIMWA), and a former WA Mining Club committee member and Vice President.

He has been recognised as the driving force behind IGO’s transformation into a globally recognised, ASX100 listed company focused on creating a better planet.

Commenting on the devastating news, Non-Executive Chair Michael Nossal said Mr Bradford was greatly admired not just for his vision and commitment to delivering on the company’s purpose, but also for his endearing humility and enormous humanity.

“On behalf of the board, I wish to extend our sincerest and heartfelt condolences to Peter’s wife Vicki and his children and everyone who was fortunate enough to know Peter as we did,” he said.

Matt Dusci, who joined IGO in 2014 and was appointed Chief Operating Officer in early 2018 working alongside Mr Bradford, will step in as acting CEO.

Mr Dusci will continue in this role while the board conducts a formal search process for a permanent CEO, which will consider internal and external candidates

Mr Nossal said the board has every confidence that Mr Dusci, the Executive Leadership Team and everyone at IGO will remain “steadfast in the face of this challenge and will not waiver from maintaining the continuity and success of [the] business”.

IGO shares were down 2.28 per cent to trade at $14.97 at 1:46 pm AEDT.

Related News