Tharisa names veteran mining executive Jacques Breytenbach as new CFO

Tharisa ( (GB:THS) ) has shared an announcement.

Tharisa has appointed Jacques Breytenbach as Chief Finance Officer Designate from 1 May 2026, succeeding long-serving CFO Michael Jones as CFO and executive director from 1 August 2026, following Jones’ planned retirement at the end of July. The board emphasised that the handover period is designed to ensure continuity and stability in the finance function and confirmed that all regulatory fit-and-proper assessments have been satisfactorily completed.

Breytenbach brings more than 25 years of experience in integrated mining operations, including senior finance roles at Petra Diamonds and Anglo American Platinum, with deep exposure to diamond and PGM sectors across Africa and dual listings in Johannesburg and London. The board expects his strategic and operational finance expertise, particularly in capital structuring, fundraising and governance across multiple geographies, to add significant value to Tharisa’s growth ambitions, while paying tribute to Jones for building the group’s reputation for financial discipline and institutional strength.

The most recent analyst rating on (GB:THS) stock is a Buy with a £220.00 price target. To see the full list of analyst forecasts on Tharisa stock, see the GB:THS Stock Forecast page.

More about Tharisa

Tharisa is an integrated resource group focused on the global energy transition and decarbonisation, leveraging innovation and technology across the value chain from exploration and mining to processing, beneficiation, marketing, sales, and logistics for PGMs and chrome concentrates. Its flagship low-cost, multigenerational Tharisa Mine in South Africa and the Karo Platinum Project in Zimbabwe underpin its growth strategy, complemented by downstream beneficiation and proprietary iron-chromium redox flow battery technology aimed at long-duration energy storage and supported by carbon reduction commitments for 2030 and 2050.

Average Trading Volume: 457,413

Technical Sentiment Signal: Strong Buy

Current Market Cap: £361.8M

Learn more about THS stock on TipRanks’ Stock Analysis page.