Blackstone Minerals (BSX) announced that Managing Director Scott Williamson will resign effective 31 January 2026, with the board appointing Geoff Gilmour as Executive Chairman to lead the search for a permanent CEO/MD.
MD Scott Williamson Departs
Managing Director Scott Williamson will resign from his position effective 31 January 2026. The company stated that shareholders will be kept informed of further developments.
Executive Chairman Appointed
Geoff Gilmour has been appointed Executive Chairman. Mr Gilmour's role will include overseeing the search for a new CEO/MD.
New Director Adds Expertise
Greg Cunnold has been appointed as a Non-Executive Director. Mr Cunnold brings geological expertise, including knowledge of the Mankayan Copper-Gold Project.
Management Transition and CEO Search
The search for a permanent CEO/MD is currently underway. The process to appoint a permanent CEO/MD may create decision-making risk and potential delays during the transition period.
Outlook and Risks
Blackstone Minerals is undertaking a leadership transition with the resignation of its MD and appointment of an interim Executive Chairman. The search for a permanent CEO/MD is ongoing, with new expertise added to the board. Investors face risks related to management stability and the timing of key executive appointments during this period.
