Berkeley's CEO waves goodbye
The Chief Executive Officer and Managing Director of AIM-listed uranium producer Berkeley Resources is to walk away from the firm next month, the company announced this morning.
The Chief Executive Officer and Managing Director of AIM-listed uranium producer Berkeley Resources is to walk away from the firm next month, the company announced this morning.
Brendan James, who is based in Spain, has resigned from his positions (and the board) and will leave the group on May 20th. The company did not give a reason but wished him well "in his future endeavours."
"I am very proud of what the team here in Spain has achieved over the last year, under challenging circumstances," James said.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
![https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg](https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748-320-80.jpg)
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"Berkeley is now in the position to progress a solid project portfolio. Whilst, unfortunately, I will not be here to see this vision fulfilled, I have absolute belief in the management team we have constructed. I am confident that Berkeley's projects will be delivered on time, and on budget, allowing the company to achieve first production in 2014," he said.
Berkeley assures that his departure will not impede progress of its flagship Salamanca 1 project or other operations.
"Future management arrangements will be communicated shortly," the statement said.
BC
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
How working part-time in retirement could boost your pension by £87,000
Easing into retirement by working a few days a week could add thousands to your pension pot. We crunch the figures to see how working part-time can boost your pension po
By Ruth Emery Published
-
Easyjet on track for ‘record summer’ - should you invest in airline stocks?
Easyjet reported headline pre-tax profits of £236 million for the three months to June 30 - up by £33 million on a year ago
By Chris Newlands Published