Aruma Resources Ltd (ASX:AAJ) has tapped Glenn Grayson for the role of managing director, effective today.
Grayson replaces the company’s founding managing director Peter Schwann, who has led the company since its listing in 2010. Schwann will remain on the board as a non-executive director.
Advancing the portfolio
Grayson joined Aruma as the company’s chief operating officer in October last year and has worked alongside Schwann to advance the company’s portfolio of prospective lithium and gold assets in WA.
During this time he has demonstrated his technical expertise in the planning and execution of exploration programs, and a commitment to process and rigour in progressing the company’s exploration strategy.
As managing director he will be responsible for formulating and implementing the company’s exploration strategy going forward, and the underlying on-ground fieldwork and exploration programs.
27 years a geologist
He will also be responsible for the management of the day-to-day operations of the company, and key stakeholders including shareholders and the investor market.
Grayson has in excess of 27 years’ experience as a geologist and has a strong depth of technical expertise in gold exploration and development in WA and Victoria.
He has a proven history of generating resources and reserves through to mining operations. Prior to joining Aruma, Grayson was exploration manager for Kin Mining NL (ASX:KIN) for five years. He helped that company advance its projects from prospect to mining proposal, instituting a technical approach to exploration.
Farewell to Schwann
Schwann has been dedicated managing director of Aruma for nearly 13 years since its listing. He managed and led the assessment, acquisition and pegging, and subsequent exploration of numerous projects across a range of different minerals.
He built strong relationships with key stakeholders across the business and oversaw multiple capital raisings and R&D tax refunds throughout his tenure, which enabled the company to successfully pursue its exploration activities.
Chairman James Moses said, “We are delighted to appoint Glenn as the company’s new managing director and look forward to working closely with him as Aruma embarks on the next phase of its growth and evolution.
“He has already demonstrated his technical acumen in his work on the company’s projects to date, and we look forward to seeing the company flourish under his leadership.
“Glenn takes over from the company’s founding managing director Peter Schwann, and I would like to thank Peter for the tireless commitment and energy he displayed throughout his tenure, and for his passion for the role.
“Peter will remain on the Aruma board as a non-executive director, and we look forward to continuing to work with him at board level.”