LONDON - Tirupati Graphite plc (LSE:TGR), a producer of flake graphite, has announced the appointment of Mr. Mark Rollins (NYSE:ROL) as its new Executive Chairman, effective immediately. This move is part of a continued restructuring process that the company first disclosed on December 11, 2024.
Mark Rollins brings a wealth of experience to the role, having held several senior positions within the resource industry internationally. His background includes tenure as a non-executive Director of Tenaz Energy Corp and as the non-executive Chairman of Beacon Energy plc. Rollins also served as the Chairman of the Executive Board and CEO of Ukrnafta PJSC and was a Senior Vice President at BG Group plc.
The former Chairman, Mr. Michael Lynch-Bell, will remain with Tirupati as a non-executive director. The company also announced that Companies House has granted an extension until March 31, 2025, for the submission and publication of its audited annual report and financial statements.
In a statement, Mark Rollins expressed his enthusiasm for joining the company at a pivotal time and acknowledged the contributions of Michael Lynch-Bell. He emphasized the Board’s immediate focus on strengthening the executive team and completing the audit of the company’s accounts to embark on the next phase of Tirupati’s corporate journey.
Tirupati Graphite is recognized for its emphasis on sustainable operations, producing high-quality flake graphite concentrate with up to 97% purity. The company’s projects in Madagascar and Mozambique are positioned to supply graphite, a critical mineral for the global energy transition, including applications in renewable energy, e-mobility, energy storage, and thermal management.
The information in this article is based on a press release statement from Tirupati Graphite.
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