Buxton Resources (ASX:BUX) announced changes to their executive team on August 9, 2023.
Eamon Hannon, Buxton Resources' Managing Director, and CEO, will be stepping down from his role to take up a non-executive position, with a base salary of $40,000.
Having been with Buxton Resources for nine years, Mr. Hannon led the transformation of the company from a pure exploration company, to one with two world-class development projects.
Martin Moloney, formerly the company's Chief Geologist and Head of Resources, will take over as interim CEO, which will include a base salary of $270,000, along with potential incentives, and bonuses.