Lynas Corporation Limited
(ASX:LYC) will enact board and management changes to reflect its transition from development to producer status.
Executive Chairman Nick Curtis has agreed with the board that it is time to implement their planned CEO succession and will step down on March 31
st.
From that date Lynas has appointed Eric Noyrez to its board as an executive director and Chief Executive Officer.
Curtis says Mr Noyrez led the operational implementation of the Lynas Rare Earths project and has experience that uniquely positions him to lead Lynas toward becoming the global leader in the rare earths business.
Mr Curtis will remain on the board as non-executive Chairman and continue to represent the company at the World Economic Forum.
Lynas Corporation last week extended its net loss to $54.5 million for the first half of fiscal 2013.
