Alligator Energy Ltd (ASX:AGE, OTC:ALGEF) has reshaped its board, appointing chief executive officer Dr Andrea Marsland-Smith as managing director with immediate effect while long-serving non-executive director Peter McIntyre prepares to retire.
Marsland-Smith, who moved into the CEO role about nine months ago after previously serving as chief operating officer, will now hold both positions as the company advances its uranium project portfolio.
The board said the combined CEO and managing director role reflected her leadership in delivering key milestones across the business and would help streamline governance and improve operational efficiency as Alligator progresses its strategy.
“On behalf of the Board, I congratulate Andrea on her appointment as MD. Over the past nine months, she has demonstrated exceptional capability and leadership as CEO, delivering strong strategic and operational progress. The Board believes this appointment is both well-deserved and appropriate as we continue to execute our plans,” Alligator’s chairman Paul Dickson said.
Long-standing non-executive director Peter McIntyre has advised the board of his intention to step down in the near term but plans to remain in place until the field recovery trial at the Samphire Uranium Project is completed.
The company described that trial as a significant milestone for Alligator and said McIntyre’s continued presence through its completion would support the board during an important phase for the business.
“I would also like to personally thank Peter for his longstanding service and commitment to Alligator,” Dickson said. “His friendship, guidance, experience and unwavering support have made a meaningful contribution to the Company’s development. The Macallum Group (headed by Peter) also supported multiple capital raises during the formative years of Alligator Energy, as did Peter directly. We are particularly pleased that Peter will remain with us through the completion of the Samphire Field Recovery Trial, and we look forward to continuing to benefit from his counsel during this important phase. All at Alligator wish Peter well in his retirement.”
McIntyre has served on the board for more than 12 years and has backed the company as both a director and shareholder.
Alligator said he had been a valued contributor over that period and would continue to support the company as a shareholder after retiring from the board.
