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