Former Kazakhmys CFO joins African Minerals
Matthew Hird replaces outgoing CFO Miguel Perry from 1 October
Matthew Hird replaces outgoing CFO Miguel Perry from 1 October
FORMER KAZAKHMYS chief financial officer Matthew Hird is to join African Minerals in the same role, the company said in a statement at the same time as announcing its chief executive officer had quit the business.
Hird will replace outgoing CFO Miguel Perry from 1 October, while chief executive Keith Calder was immediately replaced by Bernard Pryor, a company director.
The Sierra Leone-based iron ore producer has seen its stock slump by as much as 16% over the last 12 months, while analysts believe plans to diversify into commodities such as copper through acquisition are at least one to two years away.
Hird spent seven years as the CFO of copper producer Kazakhmys, where he managed the company’s IPO to achieve a premium listing on the London Stock Exchange in October 2005. He also, created a multi-location finance function and led the structuring of the Kazakhmys’ long term debt facilities.
Prior to joining Kazakhmys, Hird worked for Vedanta Resources between 2003 and 2005 as company secretary and group reporting manager, before that he worked for nine years in Deloitte’s global mining team.
African Mining chairman Frank Timis said Hird has the “requisite skills needed to ensure continued fiscal stability for the company.”
More about:
The numbers you crunch tell a story. Your expertis...
11yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleFormer SAGE CEO and CFO reunited at NYSE-listed IT business WANdisco Read More...
View articleReviews involving auditors, external assurance and internal audit, outline extent of financial and control issues at RSA's Irish division Read More...
View articleDays after a profit warning, Simon Herrick steps down from the high street retail giant Read More...
View articleMatthew Price takes CFO role at Moneysupermarket.com, succeeding Paul Doughty who leaves to pursue other interests Read More...
View articleCurrent National Grid non-exec and former CFO of International Power takes chair role at listed tobacco company Read More...
View articleSMEs and small caps slow to apply shared services, ‘right-sourcing’ and technological best practice, research finds Read More...
View articleMarc Dunoyer replaces Simon Lowth as AstraZeneca CFO, as British drugmaker battles falling sales Read More...
View articlePhil Bentley to take on Cable & Wireless as the business focuses on Latin America Read More...
View article