Moho Resources (ASX:MOH) - Outgoing Managing Director, Shane Sadleir
Outgoing Managing Director, Shane Sadleir
Source: Moho Resources
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Moho Resources’ (MOH) founding Managing Director Shane Sadleir steps down from the top job, effective immediately
  • The company’s Commercial Director, Ralph Winter, will now move into the MD role
  • For now, Mr Sadleir will remain with the company as a Non-Executive Director, providing technical and corporate assistance
  • The announcement follows the appointment of Wouter Denig as Chief Geologist
  • MOH shares are trading grey at 2.4 cents at market close

Moho Resources’ (MOH) founding Managing Director Shane Sadleir has stepped down from the top job to spend more time on private interests.

Effective immediately, Mr Sadleir will now move into a Non-Executive Director role, providing technical and corporate assistance.

Moho has already moved to replace Mr Sadleir, with Commercial Director Ralph Winter moving into the role of MD, earning him a salary of $200,000 per year.

Moho says Mr Winter’s experience as a founding director, commercial director and company secretary, gives him “knowledge and understanding of all strategic and operational aspects of the company”.

“The Board would like to thank Shane for his outstanding contribution since before the company listed in 2018,” Chairman Terry Streeter said.

“I look forward to working with Moho’s new executive team lead by Ralph with their renewed exploration focus on nickel and critical metals so important for a greener future.”

This latest change to the board comes after the company announced the appointment of Wouter Denig as Chief Geologist.

MOH shares were trading grey at 2.4 cents at market close.

MOH by the numbers
More From The Market Online
The Market Online Video

ASX Market Close: Wisetech’s Richard White resigns as CEO and director | October 24, 2024

In breaking news, the founder of Wisetech Richard White will stand down as CEO and director…
Two miners digging in a cave awash with gold light.

The ASX gold miners benefiting most from gleaming bullion prices

Gleaming gold prices across the globe have helped several ASX gold miners sparkle especially bright as…
The Market Online Video

ASX Market Update: Fortescue disappoints with quarterlies miss | October 24, 2024

Fortescue (ASX:FMG) has been down 3.5% on disappointing quarterly results. Iron Ore shipments were down 12%…
Potash mine and plant

Reward to bank $2.3M to progress SOP potash project in WA

Reward Minerals Ltd is set to finance an engineering scoping study for a potassium sulphate potash…