A$420,000 Interim CEO Package Set as Rogers Exits Jupiter
Jupiter Mines will replace Managing Director Brad Rogers with mining veteran Matthew Jarvis on an interim basis, while Rogers remains through November to oversee key strategic outcomes. The transition gives the company continuity, but leaves the timing of a permanent appointment unresolved.
- Brad Rogers to remain Managing Director until the end of November 2026
- Matthew Jarvis appointed interim CEO from 11 September 2026
- Jarvis brings 25 years of mining experience, including 16 in manganese
- Interim role carries A$420,000 pro rata fixed remuneration
- Rogers will provide consultancy support until the end of February 2027
Rogers Sets November Departure
Jupiter Mines Limited (ASX:JMS) is preparing for a leadership change at the top, with Managing Director Brad Rogers resigning after four years to become chief executive of another, unrelated company that is not listed on the ASX. The identity of his next employer was not disclosed.
Rogers will remain as Jupiter’s MD until the end of November 2026, with the company saying he will focus on delivering key strategic outcomes during the transition. He will then be available in a consultancy capacity until the end of February 2027. That arrangement carries no salary, although Rogers remains eligible for short-term and long-term incentives under Jupiter’s incentive plan during the consultancy period and for a subsequent period.
Matthew Jarvis Takes Interim Role
The Board has appointed Matthew Jarvis as interim Chief Executive Officer, with the remuneration appendix stating a commencement date of 11 September 2026. Jarvis joined Jupiter in 2022 and has 25 years of mining experience across South Africa and Australia, including 16 years in manganese.
Based in Johannesburg, Jarvis has worked on growth and consolidation strategies, mine planning and operational improvement initiatives at the Tshipi manganese mine. Jupiter Chair Ian Murray said the Board had “long considered” Jarvis a strong successor to Rogers, while Jarvis said his knowledge of the business, operations, strategic priorities, stakeholders and partners would allow him to continue the company’s existing direction.
Interim Package Leaves Permanent Timing Open
Jarvis will receive fixed remuneration of A$420,000 on a pro rata basis for the period of his interim appointment. His discretionary short-term incentive opportunity can reach 75% of fixed remuneration for target performance and 90% for stretch performance, while the long-term incentive opportunity can reach 100% for target performance and 120% for stretch performance.
The interim arrangement has no fixed term. It will continue until Jupiter appoints a permanent chief executive or the Board elects to end the arrangement, with either party able to terminate on three months’ notice. The filing does not provide a timetable for selecting a permanent CEO, making the quality and pace of that search the next unresolved governance question.
Bottom Line?
Jupiter has created a relatively orderly handover, but the interim label means the leadership transition will not be complete until the Board settles on a permanent CEO.
Questions in the middle?
- Will Rogers deliver the strategic outcomes targeted before his November departure?
- How long will Jarvis remain in the interim role before a permanent CEO is appointed?
- Will the leadership change alter Jupiter’s priorities across Tshipi, its partners or future growth plans?
