The Paladin Board has announced the appointment of Paul Hemburrow as Managing Director and Chief Executive Officer, commencing 1 September, assuming the role from Ian Purdy.
Paul is the Company’s Chief Operating Officer and has worked closely with Ian on the restart of the Langer Heinrich Mine and the recent acquisition of Fission Uranium Corp.
Paladin Chair Cliff Lawrenson said: “The Board is pleased to appoint Paul as the stand-out executive in our sector who has the leadership attributes, technical skills and uranium knowledge to capitalise on the opportunities that Paladin has within its global asset portfolio.”
Paul’s appointment is part of a planned and rigorous succession process implemented by the Board with the support of Ian following the completion of the strategic Fission acquisition earlier this year.
Paul Hemburrow said: “Paladin has a great future as one of the world’s most significant, independent uranium producers and my goal is to guide our experienced team in unlocking shareholder value from our production and development assets. I am delighted to be stepping into this role after a short handover period with Ian, whom I have worked with closely for several years.”
Paul will formally join the Paladin Board at the commencement of his role.
On behalf of the Board, Cliff Lawrenson thanked Ian Purdy for his many achievements in the past five and a half years, noting that during his tenure Paladin has transformed into a leading uranium producer with assets in the world’s premier uranium jurisdictions.