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Speciality Metals International (ASX:SEI) appoints two new senior executives

Mining
ASX:SEI
14 May 2020 02:00 (AEST)

Speciality Metals International (SEI) has appointed two new senior executives to the team.

Kim Cavallaro has been appointed as Chief Commerical Officer (CCO) and will commence in the position on July 1, or earlier if her current role concludes ahead of time. After a transitional period, expected to be around six months, she will assume the role of CEO and Managing Director of the company.

Kim has 20 years of experience at leading international law firms in Brisbane, Hong Kong and San Francisco, where she specialised in mergers and acquisitions, joint ventures, corporate finances, and listed company transactions.

Previously, Kim was Head of Legal and Company Secretary in Australia-Asia for Hatch, a global consulting engineering and professional services firm. She was at Hatch for 15 years.

In her upcoming role, Kim will be leading the company’s organisational transformational process, which includes the development of governance and management frameworks to foster collaborative working relationships and
stakeholder engagement.

“Kim has a people-focused approach to problem-solving, embracing diversity of thought and collaboration”, Non-Executive Director Stephen Layton said.

Interim CEO

Kevin MacNeill has been appointed as interim CEO, where he will be focusing on the day-to-day operations.

He has over 30 years of experience in the development and operation of resource projects.

Previously, Kevin spent 17 years with Canadian Etruscan Resources, where from 2005 to 2010, he was President of the company.

“Kevin knows the Mt Carbine Project from his previous due diligence work at CRONIMET. It is a pleasure for the company and an endorsement for the project to have Kevin involved from here onwards,” Non- Executive Director Zhui Pei Yeo said.

“Kevin’s entrepreneurial spirit and demonstrated achievements in the area of sustainable mining and mine waste transformation are an essential value addition to the company’s leadership team”, he added.

Kim and Kevin have a combined 50 years of experience in the global resources and consulting engineering businesses.

“We are pleased we are able to secure their experience and expertise in business management, corporate governance, sustainable mining and mine waste transformation to lead the company in this transition period,” Zhui said.

On market close, Speciality Metals is down 6.45 per cent and is selling shares for 2.9 cents each.

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