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South32 announces management changes

Published by , Assistant Editor
World Coal,

South32 Limited (South32) has announced changes to the Group’s leadership team.

Katie Tovich will succeed Brendan Harris as Chief Financial Officer (CFO) from 1 May 2019. To ensure a smooth transition, Katie will immediately assume the role of Deputy CFO. Harris will take over from Peter Finnimore as Chief Marketing Officer (CMO) assuming responsibility for South32’s commodity marketing and supply functions. Harris will move to Marketing from 1 July 2019 to work with Finnimore to enable handover of our global customer relationships.

South32 CEO, Graham Kerr, said: “These appointments mark the culmination of a succession process that highlights the diverse talent within our organisation, whilst broadening the skills and experience of our leadership team.”

“With more than 25 years’ experience in the global resources industry in senior finance and marketing roles, including setting up and leading our Treasury function, Katie is ideally placed to lead our finance team and continue our disciplined approach to capital management,” Kerr said.

“Brendan was an integral member of the leadership team that established South32 and has been an outstanding CFO overseeing our strong balance sheet and predictable returns to shareholders. Brendan’s extensive financial and market experience will be invaluable as he moves into the role of CMO.”

“Peter established South32’s marketing team, creating a fit-for-purpose, commercially focused function. With a career spanning more than 25 years, he has forged strong relationships with our customers and played a key role in reshaping the market pricing mechanism for alumina. While Peter will remain CMO for a transitional period, I would like to take the opportunity to thank him for his contribution to South32 and wish him well in his future endeavours.”

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