Australian Strategic Materials (ASM) has announced that its Managing Director & Chief Executive Officer (CEO), David Woodall, would step down from both roles, effective immediately.
Making the announcement, Chairman Ian Gandel thanked Mr Woodall for his contribution to ASM, particularly for laying the foundations for the Company to take advantage of the global demand for critical metals.
“The Board thank David, who led the Company through its early stages following the demerger from Alkane, through to the delivery of a successful optimisation study and the construction of our Korean Metals Plant. We wish him all the success in the future,” he said in a statement.
Mr Gandel also announced that Ms Rowena Smith, ASM’s Chief Operating Officer, would take on the role as the company’s new CEO.
Ms Smith, who has almost 30 years of global mining experience in various senior roles, has been ASM’s Chief Operating Officer since July 2021. In her first year with ASM, Ms Smith led the Dubbo Project team, which included work for the optimisation study released in December 2021. She also led the construction and commissioning of the Korean Metals Plant.
“We are delighted that Rowena is leading the Company through the next phase of its development. Rowena has demonstrated that she is a highly capable leader, underpinned by her extensive experience and track record in the mining sector,” Gandel said.
“With this appointment, the Board has confidence there will be a seamless leadership transition, enabling ASM to continue to focus on delivering its mine-to-metals strategy.”