Pilbara Minerals announced that the company’s Managing Director and CEO, Ken Brinsden, has informed the Board of Directors that he will be stepping down from the role by the end of 2022.
Mr Brinsden, who served as the company’s CEO for approximately seven years, has told the board that the decision was motivated by his desire to be able to spend more time with his family and to pursue personal interests after a lengthy career at senior executive levels, within listed companies in the WA resource sector.
“It has been an absolute privilege to lead Pilbara Minerals from its days as a start-up lithium explorer, and one of the trail-blazers of the sector, to become what it is today – an ASX-100 company with a wonderful culture, an incredible team of hard-working people and a clear vision to become a leader in the clean energy materials space,” he said.
“I am extremely proud of our collective achievements during this period – the speed with which we were able to finance and develop Pilgangoora, the way we responded to commissioning and ramp-up challenges and, ultimately, our response to the downturn in the lithium sector in 2019-20.
“The Company is now in an enviable strategic, operational and financial position as it takes advantage of current pricing and grows production from Pilgangoora to a targeted level of 1 million tonnes of spodumene concentrate per annum over the coming years.”
Pilbara Minerals has already commenced an executive search process for the Company’s next CEO, which is being led by Derwent Executive.
