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Premier1 Lithium (ASX:PLC) is on the hunt for a new MD and CEO as CEO Richard Taylor is set to step down from his role on May 31, 2024.

This move comes after the completion of the demerger implementation plan and the commencement of lithium exploration, coupled with Richard’s decision to pursue new career opportunities.

The company has initiated an executive search for the next Managing Director & CEO of Premier1.

“The board, along with Richard, believes it is the right time to begin the transition, especially now that Premier1 has a clear strategy in place for its lithium projects and joint ventures,” Premier1 chairman Nic Limb said.

“Richard has played a crucial role in guiding the company through its early stages, and we extend our best wishes to him for his future endeavors,” he added.

This transition marks a significant milestone for Premier1 as it continues to focus on its lithium exploration efforts.

PLC has been trading at 4.2 cents.

PLC by the numbers
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