LONDON-LISTED AUSTRALIAN MINER MEDUSA has appointed a new CFO following the retirement of long-serving incumbent Roy Daniel.
Daniel, who joined as CFO in December 2004, will retire on 1 July, and will continue to work as a consultant for the company as part of the handover process. During his nine years with Medusa, he helped structure the company to “succeed in offshore jurisdictions”.
Peter Alphonso, with some 30 years’ experience, will take on the CFO post. Having served as company secretary, with responsibilities extended to involvement in the financial and statutory reporting of the company.
In a statement, Medusa said: “The board expresses its gratitude to Roy for his contribution to the success of the company and wishes him all the best for the future. Peter has been instrumental in developing the administrative and financial procedures of our Philippine companies since joining Medusa in September 2006.”
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