Cockatoo Coal CEO to leave company
Published by Jonathan Rowland,
Editor
World Coal,
The administrators of Australian coal company, Cockatoo Coal Ltd, have announced that Cockatoo CEO, Peter Kane, has been provided notice of termination. He will leave the company on 27 May.
Brian Wyatt, currently the General Manager of the Baralaba mine, will act as interim CEO following Kane’s departure.
“The deed administrators express their sincere appreciation to Peter Kane for his valuable contribution during the period of the voluntary administration,” the company said in a statement.
Cockatoo and three related companies (Baralaba Coal, Wonbindi Coal and Cockatiel Coal) went into voluntary administration last November. In February, its Baralaba mine was put into care and maintenance with administrators blaming an “unsustainable level of cash outflows”.
Edited by Jonathan Rowland.
Read the article online at: https://www.worldcoal.com/coal/17052016/cockatoo-coal-ceo-to-leave-company-2016-790/
You might also like
FutureCoal welcomes US investment in modernising coal plants
FutureCoal welcomes the US administration’s US$625 million investment to upgrade and modernise coal plants, calling it a pragmatic step forward to achieve energy security and best environmental performance.