Triton Minerals appoints ex-Fortescue Metals CFO as chairman

Triton Minerals (ASX:TON) has appointed former chief financial officer of Fortescue Metals (ASX:FMG) Chris Catlow as new chairman of the graphite development company.Alan Jenks will step down as chairman today, remaining on the board of Triton as a non-executive director.Catlow played a central role in the formation of Iluka Resources (ASX:ILU) and was appointed a senior executive of Fortescue Metals Group shortly after its formation in 2003. He was its investment and business development director, having financed and brought into production Fortescue's major iron ore mining, processing and port facility in Western Australia's Pilbara region. He has over 25 years of international resources industry experience, having worked on the development and operations of oil and gas, hard rock and sand mining projects.The development established FMG as Australia's third largest iron ore producer behind Rio Tinto and BHP Billiton. He is currently chairman of Admedus (ASX:AHZ), and deputy chairman of Sirius Minerals Plc, listed on the London Stock Exchange’s AIM market.Triton’s managing director and CEO said:“The company is pleased to appoint Mr Chris Catlow as its new independent non-executive chairman. Chris’s experience significantly strengthens the Triton Board."Triton would specifically like to thank Alan Jenks for his contribution to the Company as Chairman. The milestones achieved under Alan’s guidance cannot be underestimated and have placed the Company in a very strong position to transition from explorer to producer."The Company will continue to benefit from Alan’s knowledge and leadership through his new role as a non-executive director. Both Alan and the board believe it is the correct time in the company’s development to appoint an independent chairman who can help guide the Company through its exciting transition.These changes to the board will assist the Company in successfully navigating towards its goals of achieving commercial production at its Mozambique Graphite Projects and establishing TMG as the global graphite industry benchmark by AIMing to offer the world's lowest cost and most diversified graphite product range.”

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