Energy Resources of Australia Ltd. Class A (AU:ERA) has released an update.
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Energy Resources of Australia Ltd (ERA) will see Brad Welsh continue in his role as CEO and Managing Director on a consultancy basis as Rio Tinto moves to acquire ERA. Welsh’s transition follows his secondment from Rio Tinto, while Richard Prest steps down as CFO, to be succeeded by David Pritchard-Davies. These leadership changes signal a period of transition for the company, emphasizing the ongoing evolution in its executive team.
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