EXECUTIVE CHANGES: M&G CFO shifts to lead Retail & Savings arm instead

Mon, 13th Sep 2021 14:55

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

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M&G PLC - London-based savings and investment provider - Moves Chief Financial Officer Clare Bousfield to managing director for Retail & Savings, a business that includes M&G Wealth and the Prudential-branded businesses in the UK and Europe that went with M&G when it was demerged from Prudential PLC in 2018. M&G says Bousfield, who previously had been chief executive officer of Prudential Assurance Co, will lead an expansion of M&G Wealth in the UK. She will step down from the M&G PLC board. Deputy CFO Paul Cooper will act as interim CFO until a replacement is found.

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Rotork PLC - Bath-based maker of flow-control products for energy, water and chemical industries - Hires Karin Meurk-Harvey as independent non-executive director, starting Monday. Meurk-Harvey currently is senior vice president for IoT, Cloud & Security offerings at Vodafone Group PLC, but is moving at the end of September to become chief commercial officer for Smart DCC Ltd, a smart metering firm.

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Thor Mining PLC - projects in Australia and US focused on copper, gold, uranium and vanadium - Promotes Non-Executive Director Mark Potter to non-executive chair, effective immediately. Potter is chief investment officer for fellow AIM-listed minerals investing firm Metal Tiger PLC and joined the Thor board in August 2019. Metal Tiger has a 6.1% stake in Thor Mining, according to Morningstar. Potter replaces Mick Billing, who resigned as executive chair at the start of the month.

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Salt Lake Potash Ltd - Western Australia-focused organic sulphate-of-potash miner - Hires Isak Buitendag as CEO, joining from Kazzinc, a 69.7% subsidiary of Glencore PLC, where he was general manager of Transformation. Salt Lake Potash says the appointment is subject to its shares resuming trading on the Australian Securities Exchange in Sydney. On Thursday last week, the company requested a third extension of the trading suspension, now to September 27, while it secures funding for its Lake Way project in Australia. The shares continue to trade on AIM in London.

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By Tom Waite; thomaslwaite@alliancenews.com