Amigo Resources (LSE:AMGO) appointed Nathan Boom as Chief Executive Officer of the Company and its subsidiaries with effect from today, 17 July.
Nicholas Beal steps back from the CEO role on the same date but remains an Executive Director and Company Secretary, focusing on corporate governance, regulatory compliance and the Group's secretarial functions.
Boom reports directly to Executive Chair Craig Ransley and will not sit on the board.
The new CEO spent 8.5 years at TerraCom, an ASX-listed coal producer once included in the S&P/ASX 300 Index, holding roles including Chief Commercial Officer and Chief Financial Officer. He was central to TerraCom's acquisition of the Blair Athol coal mine from Rio Tinto and its takeover of South African producer Universal Coal, deals Ransley said "materially reshaped TerraCom's operating platform and market capitalization".
Ransley said Boom's "proven commercial execution capability is exactly what the Group requires" as it accelerates its African roadmap, pairing him with Anil Kumar, Chief Executive Officer of African Mining Operations, to form what Ransley called a "formidable and transformative leadership structure".
He added that Beal's shift to a dedicated compliance and governance focus keeps the Group "on a robust footing" as it moves towards a reverse takeover.
