St Barbara Limited Non-Executive Chairman, Mr. Tim Netscher announced that after 5 ½ years in the role, Mr. Bob Vassie has advised the Board that he wishes to retire from his role as Managing Director and CEO in 2020 to spend more time with his family in Brisbane, and to pursue a nonexecutive career. The Board has appointed Mr. Craig Jetson to succeed Mr. Vassie as MD & CEO. Mr. Jetson is a highly experienced career mining executive, having most recently served as Executive General Manager Cadia, Lihir and Global Technical Services at Newcrest Mining Limited.

Previously, he was GM Lihir and prior to that held longterm senior operating roles at Nyrstar and Zinifex in Australia, USA, Canada and Europe. Mr. Jetson will commence his role on 3 February 2020. Mr. Vassie will remain to support Mr. Jetson with the handover expected to complete by the end of March 2020.