Australia  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Walkabout Resources appoints independent non-executive director to its board

Proactive Investors Thursday, 20 December 2018
Walkabout Resources Ltd (ASX:WKT) has appointed Michael Elliott to the board as an independent non-executive director. The company is currently transitioning from an exploration company towards being a developer in relation to its Lindi Jumbo Graphite Project in southern Tanzania. READ: Walkabout Resources to begin earthworks at Tanzanian graphite project in early 2019 Elliott was previously the Global Mining & Metals Leader for Ernst & Young, and in that role he undertook projects on behalf of some of the largest companies in the international minerals sector. He is also a member of the Institute of Company Directors and a Chartered Accountant fellow. Walkabout chairman Trevor Benson said: “We welcome Mr Elliott as a non-executive director to the board and believe his appointment further aligns the company with independent board representation and allows the executive management team to focus on moving the company towards development.” Corporate governance framework update As part of its transition towards being a developer, Walkabout has been undertaking a process to best position the company for a wider global audience and to attract development capital for the project. A key element of this transition is updating the company’s corporate governance framework. Within this framework and following consultation with shareholder groups, the board will undertake a full review in line with international best practice including, within a 12-month period: • The appointment of a majority of independent non-executive directors; • A reduction of the number of executive directors; and • Splitting the role of chairman into non-executive and chief executive officer. The inclusion of additional non-executive directors will also result in restructuring of the Remuneration, Audit & Risk and Nominations Committees.
0
shares
ShareTweetSavePostSend
 

Recent related videos from verified sources

Metro School Board goes behind closed doors without director [Video]Metro School Board goes behind closed doors without director

The Metro School Board abruptly went into executive session Friday afternoon to meet with Metro lawyers.

Credit: NewsChannel 5 Nashville     Duration: 02:37Published

CNN Contributor Stephen Moore Nominated To Join Federal Reserve Board [Video]CNN Contributor Stephen Moore Nominated To Join Federal Reserve Board

According to a report by SFGate, on Friday, President Donald Trump nominated Stephen Moore, a former CNN contributor and campaign advisor, to join the Federal Reserve Board. Trump tweeted, “It is my..

Credit: Wochit News     Duration: 00:35Published

Shaquille O'Neal Is the Newest Board Member of Papa John's [Video]Shaquille O'Neal Is the Newest Board Member of Papa John's

Shaquille O'Neal Is the Newest Board Member of Papa John's The struggling pizza chain made the announcement on Friday. Sales began to tank after founder John Schnatter was caught using a racial..

Credit: Wibbitz Top Stories     Duration: 01:21Published

Why Shaq Thinks Corporate Diversity Is Important [Video]Why Shaq Thinks Corporate Diversity Is Important

Shaquille O'Neal talked to TheStreet about his decision to join the board of Papa John's, why corporate diversity is important and his best and worst investing tips. Chairman Jeff Smith said the..

Credit: The Street     Duration: 02:59Published


Recent related news from verified sources

Cauldron Energy appoints Simon Youds as chairman

Cauldron Energy Ltd (ASX:CXU) has appointed Simons Younds as non-executive director and chairman to its board. Importantly, Youds has a proven track record in...
Proactive Investors

Emmerson Resources non-executive director shows confidence in company with share purchase

Emmerson Resources Limited (ASX:ERM) non-executive director Andrew McIlwain demonstrated his confidence in the company’s diversified strategy by purchasing...
Proactive Investors

You Might Like


Other recent news in Business

PM to outline Victorian HEALTH packageTech giants face fines upwards of $100 million under changes to AUSTRALIA's Privacy Act
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.