Andy Caruso Appointed as Managing Director
Key points
- Andy Caruso appointed as Managing Director and CEO
- Key terms of employment and remuneration unchanged
- 5,000,000 Options and 5,000,000 Performance Rights proposed
- Appointment subject to shareholder approval
Full summary
Kingsrose Mining Limited (ASX: KRM) has appointed its Chief Executive Officer, Mr. Andrew (Andy) Caruso, as Managing Director and CEO. This appointment follows his commencement as CEO in mid-June, where he has significantly impacted the business. The company's Chairman, Dr. Mike Andrews, expressed delight at Andy's new role, emphasizing the company's commitment to its strategic objectives and growth strategy. The terms of Andy's employment and remuneration remain unchanged. The company plans to issue Mr. Caruso 5,000,000 Options and 5,000,000 Performance Rights, subject to shareholder approval at the forthcoming Annual General Meeting.
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