- Titan Minerals (TTM) has appointed an experienced mining and resource sector executive as its new Chief Executive Officer
- Melanie Leighton will step into the role, after working in a consulting capacity with the company over the past six months
- The new role comes with a fixed annual remuneration of $240,000, along with performance incentives to be distributed in three tranches
- Ms Leighton will take over from Matthew Carr, who has been holding the fort as interim CEO, and will now continue as part-time Executive Director
- Titan Minerals is up 4.29 per cent, trading at 7.3 cents at 10:40 am AEDT
Titan Minerals (TTM) has appointed an experienced mining and resource sector executive as its new Chief Executive Officer.
Melanie Leighton will step into the role, bringing with her over 20 years’ experience in the resource sector.
She has previously held senior management and geological roles with Hot Chili (HCH), Harmony Gold and Northwest Resources, and currently serves as a non-executive director for Great Boulder Resources (GBR) and Industrial Minerals (IND).
“After working in a consulting capacity with Titan Minerals for the past six months, I am thrilled and honoured to be stepping into the CEO role and am excited to work closely with the board and technical team to unlock the opportunity at the company’s large-scale gold-copper projects in Ecuador,” Melanie Leighton told investors.
The new role comes with a fixed annual remuneration of $240,000, along with performance incentives to be distributed in three tranches.
Ms Leighton will take over from Matthew Carr, who has been holding the fort as interim CEO.
“…Matthew Carr has done an excellent job over the past nine months restructuring and refocusing our Ecuadorian operations,” Titan Chair Peter Cook said.
Mr Carr will continue as part-time Executive Director for the ensuing quarter, as part of a “measured and supportive” handover process.
“We have had excellent technical success during 2022 and this is the first of a number of steps required as Titan enters an exciting next phase of growth and value creation for shareholders.”
Titan Minerals was up 4.29 per cent, trading at 7.3 cents at 11:44 am AEDT.