Toro Energy Limited (ASX:TOE) advises that the current CFO and Company Secretary, Todd Alder, will be leaving the Company on 6 December 2016 to take up the role of CFO and Company Secretary with Orbital Corporation Limited.
Todd has made a significant contribution over eight years to Toro Energy’s journey from junior exploration company to the owner of Australia’s most advanced uranium development project. The Company thanks Todd for his commitment to the Company and wishes him well in his future endeavours.
As part of the Company’s continuing review for the most cost efficient structure given the current uranium market conditions, the responsibilities of the CFO and Company Secretary will be absorbed within the existing executive team with Mr Andrew Worland, General Manager Wiluna and Project Development, picking up the role of Company Secretary effective 6 December 2016.
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