Lindian Resources’ CEO Danny Keating quits within three months of joining
Danny Keating, the Chief Executive Officer of Lindian Resources quits just within three months of his appointment as the leader of the company.
On 9th November’20, the company announced it had mutually terminated CEO Danny Keating's contract with immediate effect.
Lindian Resources said: "The hard border closures and other travel restrictions imposed due to the COVID-19 pandemic have prevented Mr Keating, who resides in the United Kingdom, from travelling to the company’s head office in Australia and interacting with company shareholders and staff."
"The company thanks Mr Keating for his contribution during his time as CEO and wishes him well in his future endeavours," it stated.
In August’20, Danny Keating joined Lindian Resources carrying over 25 years’ of experience in the mining sector. He spent 10 years developing bauxite projects in Papua New Guinea, and in the past served as CEO at Dynamic and Alufer Mining.
Lindian is scouting for a new CEO, while David Sumich, Lindian's Chief Operating Officer and Chief Financial Officer, will take on the role and should his responsibilities with the board.
As a result of the termination, a resolution to issue options to Danny Keating that was prepared for Lindian's upcoming AGM has also been scrapped.
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