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- Magnis Energy’s (MNS) Interim Managing Director, Leslie Hosking has resigned with immediate effect
- In March 2019 he accepted an invitation to join the Board as Non-Executive Director
- Leslie has more than 40 years experience in Australian businesses with focus in the energy and global futures industries
- The company is now in the process of reviewing and updating various committee structures
- Magnis’ share price has slumped 16 per cent today with shares currently trading for 8.4 cents apiece
Magnis Energy’s (MNS) Interim Managing Director Leslie Hosking has resigned with immediate effect.
In March 2019, he accepted an invitation to join the Board as Non-Executive Director.
“The Board is delighted to welcome Les to Magnis. It’s difficult to find someone in the domestic energy market who possesses Les’ in-depth experience and expertise,” Chairman Frank Poullas commented at the time of the appointment.
“His experience will be invaluable to the company as it grows and moves to becoming a producer of both batteries and high-quality graphite products,” he added.
Leslie has a long and distinguished career which spans over 40 years in Australian businesses with a strong focus in the energy and global futures industries.
Currently, he is serving as an Independent Non-Executive Director of AGL Energy, and is an Adjunct (additional) Professor of the University of Sydney’s John Grill Centre for Project Leadership.
Previously Leslie was the CEO and Managing Director of the Sydney Futures Exchange, Chairman of Adelaide Brighton, and CEO of Axiss Australia.
In the domestic energy industry, Leslie served as the CEO and Managing Director at National Electricity Market Management Company.
He was also Director of the Australian Energy Market Operator, The Carbon Market Institute, and Innovation Australia.
Magnis is now in the process of finalising reviews and updates to various committee structures that will be released during the quarter.
Magnis’ share price has slumped 16 per cent with shares trading for 8.4 cents apiece at 12:11 pm AEDT.
