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Zenith Minerals (ASX:ZNC) elects Peter Bird as Chairman

Mining
ASX:ZNC      MCAP $26.42M
28 August 2020 14:13 (AEST)
Zenith Minerals (ASX:ZNC) - CEO & Managing Director, Michael Clifford

Source: Master Investor

The board of Zenith Minerals (ZNC) has elected Peter Bird as Non-Executive Chairman, effective September 30.

Peter originally joined the board on March 30 as Non-Executive Director as part of the company’s ongoing board renewal.

He will replace outgoing Chairman Mike Joyce who is due for re-election and announced that he does not intend to nominate.

Mike has been Chairman since 2013 and will remain as Non-Executive Director until the annual general meeting in November to ensure a smooth handover.

“As part of the regeneration of Zenith’s Board, we are very pleased that Peter has agreed to Chair the company,” Mike said.

“His strong technical and commercial skills, coupled with a background in investor relations and deep understanding of the market have already added materially to the skill set of our board,” he said.

Peter is an experienced and highly respected mining executive, having worked with companies such as Newcrest Mining, Normandy Mining, and Western Mining Corporation.

Additionally, he has extensive experience in equity markets, having worked a five-year stint at Merrill Lynch Equities.

“I’m very pleased to be taking a more active role in the growth of Zenith and excited about the quality of the company’s exploration projects and the active drill programs that have the potential to add material value,” Peter commented.

Zenith is down four per cent and shares are trading for 9.6 cents each at 2:13 pm AEST.

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