IGO Limited (ASX: IGO) officially confirms Ivan Vella's appointment as Managing Director and Chief Executive Officer starting December 11, 2023. The Board conducted a thorough review of Ivan's departure from Rio Tinto, engaging in discussions with him and validating facts with Rio Tinto. This scrutiny revealed a procedural oversight concerning confidential information during Ivan's transition, for which he assumes accountability, clarifying no data compromise resulted from his actions.
Michael Nossal, IGO's Chair, emphasized Ivan's values alignment with the company and his proven corporate leadership in the recruitment process. Despite acknowledging the past situation, the Board maintains confidence in Ivan's character, integrity, and professionalism, anticipating his role in driving IGO's growth and transformation. Ivan expressed remorse over the circumstances of his Rio Tinto departure but eagerly looks forward to contributing his dedicated experience to further IGO's mission.
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