SYDNEY, AUSTRALIA: Vimy Resources Limited announced the appointment of Steven Michael to the position of Managing Director and Chief Executive Officer (CEO).
Mr Michael has served as the Company’s Interim CEO since August 2021 and was instrumental in achieving substantial commencement of the Mulga Rock Project (MRP). Mr Michael joined the Vimy Board as an Executive Director in November 2021.
Mr Michael has over 25 years’ experience in the global resources sector, specialising in corporate finance and equity capital markets and was a Managing Director at FTI Consulting, an independent global business advisory firm, where he specialised in business transformation for mining companies.
Prior to joining FTI Consulting, Mr Michael spent nine years as Managing Director of an ASX-listed exploration company with a portfolio of assets in Australia and Africa. He has previously worked in the natural resources divisions of Macquarie Bank, Rothschild & Co and Royal Bank of Canada, in global mining equities research and sales, corporate finance and investment banking.
He is a Member of the Institute of Chartered Accountants and is a member of the Australian Institute of Company Directors.
Vimy’s Chairman, The Hon. Cheryl Edwardes AM said: “It gives me great pleasure to confirm Steven’s appointment as MD and CEO of Vimy. Over the past five months Steven has provided excellent leadership as Interim CEO, culminating in the confirmation of Vimy achieving substantial commencement at Mulga Rock in December. He has proven himself as the future leader of this company and brings a valuable and diverse range of skills across mining, corporate finance and equity capital markets.
Steven’s appointment, along with the recent appointment of Dr Tony Chamberlain as Chief Operating Officer, significantly enhances Vimy’s executive management team as we progress the Mulga Rock Project through a Bankable Feasibility Study during 2022 and continue to advance the Alligator River Project.”