The Board of Speciality Metals International Limited appointed Kim Cavallaro as Chief Commercial Officer and subsequently taking the role as Chief Executive Officer and Managing Director. Kevin MacNeill appointed as Interim-CEO, with a senior technical advisory role post-handover. Oliver Kleinhempel to assume role of Non-Executive Chairman for a transitional period. Cavallaro will commence as Chief Commercial Officer (CCO) on 01 July 2020, or an earlier date should hand-over commitments in her current role conclude ahead of time. After a transitional period, expected to be around six months, she will assume the role of Chief Executive Officer (CEO) and Managing Director of the Company. Cavallaro's 20-year career spans roles at leading international law firms in Brisbane, Hong Kong and San Francisco. Most recently, Cavallaro was the Head of Legal and Company Secretary, Australia-Asia for Hatch. In her upcoming role as CCO, Cavallaro will lead the Company's organizational transformational process including the development of governance and management frameworks to foster collaborative working relationships and stakeholder engagement. She will undertake the continuous alignment of the Company's commercial processes to support the targeted growth of the organization and its underlying business portfolio. Leveraging her expertise, she will provide oversight of the Company's corporate and legal affairs and also take on the development of a marketing and branding strategy to reflect the direction of the Company. In her succeeding role as the Company's CEO and Managing Director, Cavallaro will be accountable for the day-to-day operational performance of the Company and be focused on the Company achieving the longer-term strategic objectives and priorities of sustainable mining as jointly formulated with the Board. MacNeill assumes the role as the Company's Interim-CEO, where his main focus will be on the day-to-day
operations, as well as an assessment of the Company's project portfolio and outlining a strategic roadmap for the Mt Carbine tungsten project and the NSW gold exploration activities. MacNeill's 30-year career has been dedicated to the development and operation of resource projects, from feasibility study stage to mining and minerals processing operations. He spent 17 years with Canadian Etruscan Resources, where from 2005-2010 he held the position of President of Etruscan Diamonds. He has held various other Managing Director appointments and also been part of discovery and development teams of various gold assets in Africa and North America.