Chief Executive Officer Appointment
ASX RELEASE
Incitec Pivot Limited (ASX:IPL) today announced that Mr Mauro Neves de Moraes has been appointed as Chief Executive Officer & Managing Director of IPL, following a comprehensive search process. Mauro will assume the CEO & Managing Director role effective 22 January 2024.
IPL Chairman Mr Greg Robinson said: “We are very pleased to announce Mauro’s appointment as CEO & Managing Director.
“Mauro has executive leadership experience in the mining and logistics sectors across multiple geographies. He has held leadership positions including as Asset President for BHP Mitsubishi Alliance (BMA) in Queensland, Australia and Asset President at BHP’s Escondida operations in Chile, the world’s largest copper mine. His global expertise provides deep knowledge of the strategic and operational issues facing companies across the mining sector.
“Mauro’s Australian and international mining, logistics and commercial experience is strongly aligned to our strategy as a global leader in explosives technology and services for the resources sector, and a leading supplier of fertilisers for Australia’s east coast agricultural sector.
“The Board conducted an extensive global search process and is confident Mauro has the leadership capability, strategic insight and customer focus to lead IPL through its next phase of growth. We are confident he will bring a strong focus on performance and on creating long term value for shareholders. We look forward to him joining IPL.”
Mauro Neves said: “I am honoured to be joining IPL to lead the Dyno Nobel and Incitec Pivot Fertilisers businesses. Safety is a priority for me, and IPL’s commitment to safety for its people and stakeholders is a strength of its business.
“I will bring my passion for continuous improvement, high performance and a strong focus on customers as we continue to build this great company. I am looking forward to joining the talented team at IPL.”
Greg Robinson also acknowledged the contribution of Interim CEO Paul Victor, “Paul has led our company with passion and commitment through the transition and focused on safely delivering results that are aligned to shareholder and stakeholder expectations.
“Under Paul’s leadership over the past six months, our explosives and fertilisers businesses have made good progress, including delivering strong underlying second-half Financial Year 2023 earnings growth. Paul will resume his role as IPL’s Chief Financial Officer following Mauro’s appointment and together, they will provide strong leadership for our company.”
You can read the full ASX announcement here.
For more information:
Investors:
Geoff McMurray
General Manager, Investor Relations
Tel: +61 3 8695 4553
Mobile: +61 418 312 773
geoff.mcmurray@incitecpivot.com.au
Media:
Matthew Flugge
Group Vice President Corporate Affairs
Tel: +61 3 8695 4617
Mobile: +61 409 705 176
matthew.flugge@incitecpivot.com.au