Latest Boardroom Shifts News

Waratah Minerals is reshaping its leadership team after establishing a 3.1Moz maiden resource at the Spur Gold Project. The company is retaining its exploration chief while adding executive, financial and governance capacity for a more demanding resource-growth phase.

MC Mining has suspended operations at its Makhado coal project after commissioning produced hard coking coal but exposed areas requiring optimisation. A further US$8 million bridge loan from controlling shareholder Kinetic Development Group provides interim support, but funding for a restart is not yet committed.

Ventia will consolidate five operating sectors into three and target at least $60 million in annualised cost savings by December 2027. The overhaul comes as deferred telecommunications and energy work weighs on second-half revenue, although FY26 underlying NPATA growth guidance remains 7% to 10%.

Starpharma is targeting a December start for first-in-human testing of its lead DEP HER2-Lu radiopharmaceutical, subject to ethics approval, as it shifts decisively toward targeted oncology. The company also outlined stronger funding, majority ownership of Petalion’s FAP program and a proposed Chair transition at its 2026 AGM.

Atmos Energy has forecast higher fiscal 2027 earnings, a larger capital programme and a 9% increase in its annual dividend. The natural gas distributor will also combine its chair and chief executive roles after Kim Cocklin’s retirement.

HP has turned to former GSK chief Emma Walmsley to lead the company from January, handing her a compensation package featuring a US$30 million inducement equity award. Interim CEO Bruce Broussard will become chair as the company prepares a significant leadership reset.

Desane Group Holdings (ASX:DGH) is entering FY27 with a $105.9 million asset base, conservative gearing and two developments expected to drive its next phase of earnings. The challenge is converting that balance-sheet strength into recurring income while navigating construction costs, funding risk and a chairman transition.

Axtec has proposed fintech founder Andy Taylor as its next Managing Director and CEO, pairing the appointment with a A$1 million share placement and a plan to expand beyond real estate payments. The leadership change remains conditional on Taylor completing his cornerstone investment and finalising employment terms.

Cazaly Resources has secured a 12-month pathway to acquire up to 90% of 64 Brazilian rare earth and uranium tenements covering 1,118km2. Early exploration has produced elevated TREO results, but the package remains at a preliminary stage and the company has yet to complete due diligence.

SRJ Technologies has replaced both its chair and chief executive as it turns from international expansion toward operational delivery and revenue conversion. Ben Lumley will serve as interim CEO with an initial two-month review period, while Mark Lindh becomes chair.

Keysight Technologies has tapped long-time finance executive Jason Kary to replace CFO Neil Dougherty, who is stepping down for personal reasons. The company has left its fiscal fourth-quarter outlook unchanged ahead of results on November 19.

Lennox is replacing the head of its Building Climate Solutions segment with an internal executive while retaining the outgoing leader as a strategic adviser through February 2028. The transition preserves customer and leadership continuity, but the filing does not indicate any change to financial guidance.