Chris Ellison says his succession hasn't been accelerated by the media, as he reflects on an “incredibly tough year” defined by a series of corporate governance failures.
Besieged Mineral Resources founder Chris Ellison will outrun his departure date, remaining as managing director as the board refuses to “rush” the search for a new boss.
Mineral Resources has shipped 8.6 million tonnes from its Onslow Iron operation and pocketed a $41 million payment from Hancock Prospecting under its Perth Basin oil and gas deal.
Mineral Resources will pocket the remaining $200 million from its sale of a 49 per cent stake in the trust for its troubled Onslow Iron haul road after notching a key shipping milestone.
Mineral Resources chair Malcolm Bundey has vowed “best-in-class” governance practices as he rebuilds the board after a bruising 12 months for the miner, as a sixth director prepares to depart.
Another director has resigned from Mineral Resources' diminished board, which chair Malcolm Bundey is rebuilding with two recruits ahead of Chris Ellison's planned exit.
Mineral Resources chair Malcolm Bundey has moved to reassure investors that Chris Ellison was "not involved" in deliberations to acquire his brother's collapsed Resource Development Group.
Mineral Resources' new chair Malcolm Bundey has offered no new clarity on Chris Ellison's planned succession, as the departure window continues to narrow.
Chris Ellison-founded Mineral Resources has announced that Ross Carroll has been appointed to the company's remuneration and people committee, effective immediately.
Mineral Resources chair Malcolm Bundey will review the planned departure of Chris Ellison from the company, in a move which gives a glimmer of hope to the founder's supporter base.
New Mineral Resources chair Malcolm Bundey says the appointment of two experienced professionals to the company's board is a reflection of "my immediate priorities as chair".
New Mineral Resources chair Malcolm Bundey has taken the wheel of his new, high-profile role, while fellow iron ore miner Fortescue has welcomed a familiar face to its board.
Today's board moves wrap includes Glenn Corrie, Anthony Benino, Matthew Green, John Boland, Kingsley Rudeforth, Leigh Travers, Ieva Guoga, Toby Hicks, Davide Bosio, Jon Morda, Michael Higginson, Da
