Boss Energy Elevates Matthew Dusci to CEO, Eyes 1.6M lbs Uranium Target

Leadership Transition at Boss Energy

Boss Energy Limited has confirmed a significant leadership change with the appointment of Matthew Dusci as Managing Director and Chief Executive Officer, effective 1 October 2025. Dusci, who has served as Chief Operating Officer for the past year, steps into the top executive role as part of a planned succession, succeeding Duncan Craib, the company’s long-serving leader.

Chairman Wyatt Buck expressed confidence in Dusci’s capabilities, highlighting his extensive experience in resource project operations and his deep understanding of Boss Energy’s assets and the global uranium market. This transition signals continuity as well as a renewed operational focus for the company.

Strategic Focus on Operational Review and Production

Dusci’s immediate priorities include completing an operational review previously announced and safely achieving the company’s FY26 production guidance of 1.6 million pounds from the Honeymoon uranium operation in South Australia. This production target is critical as Boss Energy seeks to capitalise on the rising demand for uranium amid a global energy transition.

The operational review is expected to provide clarity on efficiencies and potential improvements at Honeymoon, which remains a cornerstone asset for the company. Dusci’s leadership will be closely watched by investors eager to see how these initiatives translate into operational performance and shareholder value.

Remuneration and Governance Details

Dusci’s employment terms include a total fixed remuneration of $693,000 per annum, inclusive of superannuation, with additional short-term and long-term incentives subject to board discretion. The short-term incentive targets 50% of fixed remuneration, with a stretch target of up to 125%, while the long-term incentive offers an opportunity equivalent to 100% of fixed remuneration.

Meanwhile, Duncan Craib will transition to a Non-Executive Director role starting January 2026, ensuring his ongoing strategic input. Until then, he will provide consultancy support capped at 12 hours per week, maintaining continuity during the leadership handover.

Looking Ahead

This leadership change comes at a pivotal time for Boss Energy as it navigates operational challenges and market opportunities in uranium mining. Dusci’s appointment reflects a strategic emphasis on operational excellence and shareholder value creation, while the board retains institutional knowledge through Craib’s continued involvement.

Investors will be keen to monitor the outcomes of the operational review and the company’s ability to meet its production targets, which will be key indicators of Boss Energy’s trajectory under its new CEO.