Galaxy Resources appoints a new CEO

Company News

by Rachael Jones

Galaxy Resources (ASX:GXY) has a new CEO, Simon Hay who will start July 1 2019.

He has previously held senior positions at major Australian mining companies including BHP Billiton, WMC Resources and Iluka Resources.

He is currently Head of Resource Development at Iluka, with accountability for exploration & geology, mine planning & development, major projects & engineering and technology & innovation.

Galaxy has an established operation at Mt Cattlin with no debt and cash of almost $400 million.

Shares in Galaxy Resources (ASX:GXY) are trading 1.49 per cent lower at $1.98
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.