Lynas Rare Earths (ASX:LYC) has announced that CEO and Managing Director Amanda Lacaze will retire after 12 years at the helm.
The company's board has launched a search for her successor, considering both internal and external candidates, with Lacaze planning to remain in her role until the end of the current financial year to ensure a smooth transition.
Reflecting on her tenure, Lacaze said, "I've loved every day of my 12 years at Lynas. It has been a great privilege to lead the company from a troubled startup to an ASX50 company. I am extremely proud of our achievements and am leaving Lynas in the hands of a talented team with a strong balance sheet to support future growth. Having completed the Lynas 2025 capital investment program and launched the Towards 2030 growth strategy, it feels like the right time to step aside."
Board Chair John Humphrey praised Lacaze’s leadership, noting that she had transformed Lynas from a struggling business into a leading rare earths producer. "Amanda's hard work, drive, and tenacity have grown our market value from around $400 million in 2014 to nearly $15 billion today," he said.