Atlas Iron announces board overhaul

Company News

by Anna Napoli

Atlas Iron (ASX:AGO) has announced a board overhaul with Mr Sanjiv Manchanda to take the reins as Chief Executive Officer, replacing Mr Cliff Lawrenson.

Meantime, Spiro Pappas, Professor Ian Pilmer and Tad Watroba have been appointed as non-executive directors

The changes come amid a takeover by Gina Rhinehart's Hancock Propecting.

Manchanda has previously served as Head of Project Development for Hancock Prospecting.

Mr Watroba is an Executive Director of Hancock Prospecting and Roy Hill Holdings which is majority owned by Hancock.

Shares in Atlas Iron (ASX:AGO) last traded last traded at 4 cents.


 

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.