Suvo Strategic Minerals (ASX:SUV) has announced Hugh Thomas has been appointed as the Chief Executive Officer, commencing April 1.
Mr Thomas has over 35 years of experience in the natural resources sector, and his appointment follows the successful upgrade of Suvo Strategic Minerals' Pittong plant.
The company also says Aaron Banks transitions to Interim Non-Executive Chairman, and Henk Ludik to Non-Executive Director.
Mr Thomas' remuneration will include a consultancy fee of $33,000/month and 7,500,000 Performance Rights with conditions for vesting.
Suvo Strategic Minerals' main projects are the Eneabba Silica Sands project, Gabbin Kaolin project, and Pittong Operations.