Australian-listed mine explosives and chemicals company Incitec Pivot has announced former BHP executive Mauro Neves de Moraes as its new CEO following former chief Jeanne Johns abrupt departure in June this year.
Brazilian-born Neves de Moraes previously ran BHP’s central Queensland coal business and the world’s biggest copper mine, Escondida, in Chile.
Incitec Pivot interim CEO, Paul Victor, returns to his role as the company’s CFO.
“Mauro has executive leadership experience in the mining and logistics sectors across multiple geographies,” said Incitec Pivot chair Greg Robinson.
“He has held leadership positions including as asset president for BHP Mitsubishi Alliance in Queensland, Australia, and asset president at BHP’s Escondida operations in Chile.
“His global expertise provides deep knowledge of the strategic and operational issues facing companies across the mining sector.
“Mauro’s Australian and international mining, logistics and commercial experience is strongly aligned to our strategy as a global leader in explosives technology and services for the resources sector, and a leading supplier of fertilisers for Australia’s east coast agricultural sector.”
Incitec Pivot’s share price is down more than 23% in 2023, capitalising the company at circa-A$5.55 billion.
