IGO appoints Ian Rowe as interim CFO

• Ian Rowe has been appointed as the interim chief financial officer of mining company IGO.
• The company's stock fell 4.66% during June 23 trading to finish at $7.57 per share.
• The immediate appointment reflects an ongoing executive succession process led by the board.

Australian critical minerals mining company IGO (ASX:IGO) has appointed its current finance general manager, Ian Rowe, as the interim CFO, effective immediately.

The leadership transition follows an extensive executive succession planning process rather than an unguided response to an unexpected operational vacancy.

“Ian is a respected, values-driven leader who is well positioned to support the company as we continue to execute our strategy,” said IGO Managing Director and CEO Ivan Vella.

Rowe has spent nearly five years managing domestic and international financial reporting for the producer's diversified resources portfolio.

Following the announcement, the IGO share price was down at $7.57.

The board stated that the internal placement is strictly temporary while they finalise a permanent CFO selection in the coming months.

Operationally, the firm recently lowered its full-year spodumene production guidance at the Greenbushes lithium operation to a range of 1,375–1,425 kilotonnes.