RE: New CFO.11 May 2022 12:52
Coronado has a MCap of 3.6Bn AUD
She left AWE Limited when it was acquired by Mitsui & Co for 600m AUD
She worked at Oil Search from August to November 2020 when she left 'by mutual agreement'. The circumstances were clearly related to the basis of her action against Oil Search, which was taken over by Santos in December 2021.
Ayten was previously Group Executive & Treasurer of Santos.
Oil Search's MCap at the time of takeover was 8.4bn AUD
Santos MCap is 27bn AUD.
Thias woman has serious credibility. She is also clearly gutsy and with integrity, having the courage to take forward an action for bullying and harassment that led to her demise.
But she has hung on in there. Solgold will undoubtedly have done even more due diligence than usual before her appointment. I applaud their integrity in her appointment.
As to the following:
"not to discredit but from her profile, she is not the fund/structuring person (could be wrong). so is it a separating the accounting vs investment roles?"
You can't have read the detailed coverage and here is what Solgold said, to remind you...
"Ms. Saridas, who will assume her new role on June 27, brings over 30 years of international corporate finance experience with a proven track record in delivering results and creating value. Ayten is a high-impact executive who brings a compelling blend of strategic and capital allocation discipline, well-honed finance skills, and transformational leadership abilities."
Yet another member of the 'Brisbane corporate mafia' so she will be well known to Nick Mather et al and, of course to the BHP guys.
She clearly has credibility for the key part of her role, managing markets, NOMAD, advisor, broker, banker and shareholder relationships, with the only significant gap being that she has no experience of managing the London or North American markets.
But in the latter she will have the strong support of Ingo who now reverts to the job he was headhunted for from June 27.