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ILUKA RESOURCES LIMITED — Board/Management Information 2016
Mar 21, 2016
65116_rns_2016-03-21_88ac5bcd-b62a-4db4-8779-c2e3ff383091.pdf
Board/Management Information
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Australian Securities Exchange Notice
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22 March 2016
ILUKA MANAGING DIRECTOR SUCCESSION
The Board of Directors of Iluka Resources Ltd (Iluka) advises that the succession plan for its Managing Director and Chief Executive Officer, David Robb, is targeting a transition of this leadership role during the second half of 2016. David will remain in his role until succession is finalised.
David joined Iluka as Managing Director and Chief Executive Officer in October 2006.
Iluka’s Chairman, Greg Martin said:
“Managing Director succession planning is a key Board responsibility. Iluka has been transformed under David’s ten year leadership and is very well placed financially at present with no debt, significant funding capacity and positive cash flows supporting investment and shareholder returns. David’s tenure has also seen major achievements in project execution, mineral sands marketing, workforce diversity and engagement and in corporate sustainability practices.”
“The company is now entering another decision-making phase associated with a number of major investments, some of which will be delivered in 2017 and beyond.”
“With this in mind, the Board and Managing Director together view that 2016 is an appropriate time for leadership transition, with consideration being given to internal and external candidates”.
Investment market and media enquiries:
Dr Robert Porter General Manager, Investor Relations Phone: + 61 (0) 3 9225 5008 Mobile: +61 (0) 407 391 829 Email: [email protected]
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Iluka Resources Limited • ABN 34 008 675 018 • Level 23 140 St Georges Terrace Perth WA 6000 GPO Box U1988 Perth WA 6845 • T +61 8 9360 4700 • F +61 8 9360 4777 • www.iluka.com