Pilbara Minerals share price higher on CEO appointment

Pilbara Minerals has named its new leader…

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The Pilbara Minerals Ltd (ASX: PLS) share price is rising on Thursday morning.

In morning trade, the lithium miner’s shares are up 3% to $2.38.

Pilbara Minerals share price higher on CEO appointment

The Pilbara Minerals share price is rising on Thursday after the company announced the appointment of its new CEO.

According to the release, the company has appointed Dale Henderson as its new managing director and CEO. He will replace the long-serving Ken Brinsden, who will be stepping down from the role on 30 July.

Mr Henderson is currently Pilbara Minerals’ chief operating officer and has been with the company since 2017. Prior to that, he worked in senior roles for companies including Fortescue Metals Group Limited (ASX: FMG), Chevron, and Occidental Petroleum.

The release explains that he was selected from a field of outstanding candidates because of his strong lithium industry experience, outstanding leadership skills, strong cultural values, and work ethic.

Mr Henderson’s clear understanding of the future of the lithium raw materials industry and Pilbara Minerals’ vision to become a major long-term player in the rapidly growing lithium industry supply chain also played a role in his selection.

Management commentary

Pilbara Minerals’ Chairman, Tony Kiernan, said he is delighted with the appointment and believes the company is in safe hands. He commented:

We are delighted that Dale has accepted the Board’s offer to become Pilbara Minerals’ next Managing Director and CEO, following an exhaustive international search process that yielded some outstanding candidates. Dale is an exceptional, high-calibre individual who has already made his mark at Pilbara Minerals over the past five years as COO.

I have every confidence that Dale is going to be an exceptional Managing Director and CEO. He is a very strong, capable and inclusive leader and has the industry experience, leadership skills and cultural values to take Pilbara Minerals forward into its next exciting growth chapter.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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