Zenith Minerals (ASX: ZNC) today announced that the directors of the company have elected Mr Peter Bird as non-executive chairman of the company, effective 30 September 2020.
Peter joined the Zenith Board as a Non-Executive Director on 30th March 2020 as part of ongoing board renewal.
Mr Bird will replace outgoing Chairman Mike Joyce, who is due for reelection by rotation under the Company’s constitution at Zenith’s AGM scheduled for late November 2020. As previously announced (ASX release dated 30 March 2020) Mike has advised that he does not intend to nominate and will thus retire at that time.
Mr Joyce has served as a Zenith director since listing in 2007, and as Chairman since 2013. He will remain on the Board as a Non-Executive director until the AGM to ensure a smooth handover and thereafter will be available to consult with the Board as required to ensure an effective transition.
Mr Bird is an experienced, well known and highly respected mining industry executive. His extensive experience covers senior technical, management, investor relations and human resources positions with major mining companies such as Western Mining Corporation, Newcrest and Normandy Mining. In addition, Peter has extensive expertise in equity markets including five years at Merrill Lynch Equities, where he was recognised in 1998 as the top-rated Australian Gold Analyst in Australia, Europe and Asia. In 2000, while General Manager Investor Relations at Newcrest, he was voted by the investment community as the number one Investor Relations Manager in all listed Australian companies.
More recently Peter has served in Board and executive roles both as a Managing Director and in the capacity of Non-Executive Chairman with several ASX listed resource companies, and as CEO and Deputy Chair of a UK Listed copper company. Peter holds a BSc(Hons) in Geology from La Trobe University (1986).
Zenith’s retiring Chairman Mike Joyce commented: “As part of the regeneration of Zenith’s Board, we are very pleased that Peter has agreed to Chair the Company. 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.”
Incoming Chairman Peter Bird said: “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 are in train that have the potential to add material value”.