Severfield Share News (SFR)

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced this week and not separately reported by Alliance News:

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Manolete Partners PLC - Buckinghamshire, England-based insolvency litigation financing - Chief Executive Officer Steven Cooklin will leave the company he founded and steps down from the board immediately. Cooklin is replaced as CEO by Managing Director Mena Halton. She is a solicitor who has been with Manolete for 11 years. Cooklin founded Manolete in 2009. He continues to be a major shareholder, having just under a 10% stake. Manolete says it continues to look for a permanent chief financial officer. "Steven has put his heart and soul into building Manolete into the business it is today and embodies the entrepreneurial spirit that is required to build successful enterprises," says Lord Leigh of Hurley, the board chair. "We understand Steven's reasons for wanting to step back and are delighted that in Mena we have the ideal person to continue to lead the business."

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Oberon Investments Group PLC - London-based boutique investment management, wealth planning and corporate broking - Hires Peter Martin, former CEO & partner of Odey Asset Management. At Odey, Martin managed the LF Odey Portfolio Fund. At Oberon, he will launch a new global equities fund. Martin is joined by former Odey colleague Jake Bambridge, who will be funds operations manager at Oberon. Martin comments: "Oberon is a young, ambitious business focused on growth. It is also unencumbered by historic structures and is therefore free to develop new funds and services suited to the current investment environment."

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Jangada Mines PLC - natural resources development company with interests in Brazil - Names a new chief executive that has had an "influential role" in the mining industry in Brazil, where the company has interests. Paulo Guimaraes Misk will lead Jangada with immediate effect. Misk will focus on "accelerating the advancement of the Paranaita gold project in Brazil's historically significant Alta Floresta - Juruena gold province". That province is located in the Mato Grosso state of Brazil, known for its gold deposits. Jangada adds: "Misk has played an influential role in shaping Brazil's mining sector through various institutional appointments." Misk has held a role in IBRAM, the Brazilian mining association, as well as the Vanitec international vanadium association and was formerly president of the Mining Companies of Bahia Association. Bahia is a Brazilian state that is also a major mining region. At a corporate level, Misk had held "senior roles" at miner Anglo American PLC and refractory products maker RHI Magnesita NV. Jangada says Executive Chair Brian McMaster will move to non-executive chair.

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Severfield PLC - Thirsk, North Yorkshire-based design, fabrication and construction of structural steel in the UK and India - Hires Paul McNerney as CEO, joining in the autumn with a firm date still to be agreed. McNerney currently is director of Clients & Government at Laing O'Rourke and previously was managing director of the UK construction business, Select Plant Hire, Explore Manufacturing, and Crown House Technologies. Severfield says McNerney led infrastructure operations in New South Wales, Australia, for Laing O'Rourke and helped open new business in oil and gas markets for the construction firm.

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Strategic Minerals PLC - mineral production in the UK, US and Australia - Non-Executive Chair Charles Manners moves to executive chair on Tuesday. Manner joined the board as a non-executive director in August last year and moved to chair in September. "This transition to an executive role reflects the significant amount of work Mr Manners has undertaken and continues to undertake to rationalise the group and refocus the business," Strategic Minerals says.

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Tekmar Group PLC - Newton Aycliffe, England-based technology and services provider for the offshore energy industry - Hires Phil Lanigan as CFO, taking over from Leanne Wilkinson on August 31. Lanigan previously was CFO for energy services firm CRC Evans, which was formed from the oil and gas interests of Stanley Black & Decker Inc. Wilkinson has been with Tekmar for five years.

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Renishaw PLC - Gloucestershire, England-based provider of manufacturing technologies, analytical instruments, and medical devices - Appoints Camille Deer as non-executive director, joining on September 1. Deer is the granddaughter of John Deer, the co-founder of Renishaw. The company says Deer, who previously was an observer on the board, "brings experience in intellectual property, innovation pipeline and risk management from her other appointments in areas outside of Renishaw's core business interests". Her appointment shows the "continued commitment of the founding families to the future of Renishaw", says Interim Chair David Grant. Renishaw says it continues to look for a permanent non-executive chair.

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Asiamet Resources Ltd - copper mine development in Indonesia - Hires Peter Oliver as a non-board project director for the BKM copper project in Central Kalimantan, Indonesia. Oliver has been made a director of PT Kalimantan Surya Kencana, Asiamet's Indonesian subsidiary, for the KSK contract of work. Oliver has experience in mining and renewable energy projects in Indonesia, most recently with PT Bukit Makmur and earlier with BHP Group Ltd.

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By Tom Waite, Alliance News editor

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