Article by Daniel Newell courtesy of the West Australian.
Gina Rinehart’s Hancock Prospecting has moved to shake up the leadership team behind its money-spinning iron ore interests in the Pilbara.
The company said the restructure would form part of its push to significantly increase annual exports in coming years.
“With planned growth in scale from 60 million tonnes to 100mt, along with increasing complexity of the Roy Hill rail and port logistics system, Hancock will establish two new key roles to come into effect from January 30 — CEO group projects and CEO group operations,” Hancock said.
The company will install a single boss to oversee both Roy Hill and Atlas Iron as well as expansion projects, with current Roy Hill chief executive Gerhard Veldsman to become chief executive of group operations.
Atlas chief executive Sanjiv Manchanda will take on the new role of chief executive of growth projects to “bring a sharp overarching focus to how the group pursues project development”.
