Bryan Quinn to step down as Aurelia CEO with CFO Martin Cummings interim
Aurelia Metals prepares for CEO transition with CFO Martin Cummings stepping in as interim CEO and Leigh Collins appointed interim CFO, ensuring leadership continuity during the search for a permanent CEO.
- Bryan Quinn to step down as CEO on 24 July 2026
- Martin Cummings appointed interim CEO from 25 July
- Leigh Collins takes role of interim CFO
- Interim CEO remuneration includes $15,000 monthly allowance
- Permanent CEO recruitment process is well advanced
CEO Bryan Quinn to Exit in July
Aurelia Metals (ASX:AMI) confirmed that Bryan Quinn will step down as Managing Director and CEO effective close of business on 24 July 2026. Quinn, who joined the company in 2023, led the business through a period marked by operational progress in the Cobar Basin and a sharpened financial focus. His departure ends a three-year tenure that included advancing key initiatives and positioning Aurelia for future growth.
Internal Leadership Steps Up to Bridge Transition
To maintain operational stability, Aurelia has appointed Chief Financial Officer Martin Cummings as Interim CEO starting 25 July. Cummings’ elevation is designed to provide seamless leadership continuity while the company finalises its search for a permanent CEO with strong mine and project development credentials. Supporting Cummings, Leigh Collins, the Group Manager Commercial and Strategic Procurement, will act as Interim CFO. Collins brings seven years of experience at Aurelia and a background in senior finance roles at MMG, Lend Lease, and Newcrest Mining.
Remuneration Details for Interim CEO Role
Cummings will retain his current total fixed remuneration of $520,000 per annum, inclusive of superannuation, with an added allowance of $15,000 per month during his interim CEO tenure. Should his appointment extend beyond 30 October 2026, his short-term incentive (STI) target will increase from 50% to 70% of his total remuneration, pro-rated for the interim period. The long-term incentive (LTI) opportunity remains unchanged at a maximum 75% of total fixed remuneration, contingent on performance metrics. The board retains absolute discretion over STI payments.
Board Emphasises Stability Amid Leadership Change
Aurelia Chair Graeme Hunt praised Quinn’s leadership contributions and highlighted the depth of internal talent stepping into interim roles. Hunt underscored that the appointments of Cummings and Collins ensure continuity and focus during the leadership transition, reflecting confidence in the company’s internal bench strength.
Bottom Line?
The interim appointments underscore Aurelia’s priority on steady leadership as it navigates a critical CEO transition, with the permanent appointment likely to influence the company’s next strategic phase.
Questions in the middle?
- Who will emerge as Aurelia’s permanent CEO and what experience will they bring?
- How will the leadership change impact the company’s ongoing projects in the Cobar Basin?
- Will the interim period see any shifts in strategic priorities or operational execution?
