John Pegler Appointed Chairman of Bandanna Energy Limited
Sydney, April 4, 2012 AEST (ABN Newswire) - Bandanna Energy Limited (
ASX:BND) has announced the appointment of independent, non-executive director John Pegler as Chairman of the Board of Directors.
John Pegler commenced as a director of Bandanna Energy on 1 January 2012. Mr Pegler is a mining engineer by training, with 39 years' experience in open-cut and underground resource development, coal mining and processing operations, international and domestic coal marketing, project management and international procurement.
Mr Pegler served twice as the President of the Queensland Resources Council (QRC) and is an elected life member of the QRC. In addition to his current role as a non-executive director of Bandanna Energy Limited, Mr Pegler holds the positions of Chairman of the Australian Coal Association (ACA), Chairman of ACA Low Emission Technologies Limited, director of Energy Resources of Australia Ltd, director of WDS Limited and he is a foundation member of the Queensland Clean Coal Council.
Mr Pegler will also assume the role of Chairman of Bandanna Energy's Remuneration Committee.
Bandanna Energy's retiring Chairman Jeremy Barlow, who will continue as a non-executive director, said: "I look forward to continuing to serve the company as a director under John's leadership. John's wealth of coal industry experience has brought immediate benefits to Bandanna Energy, and it is opportune to capitalise on John's experience by appointing him as Chairman of the Board as we enter the next stage in the company's growth."
The Board welcomed Mr Pegler as Chairman and thanked the retiring Chairman, Jeremy Barlow, for his leadership of the Board through its foundation years and for instigating the restructuring of the Board with a view to strategically positioning the company to become Australia's next coal producer. The Board also thanked Mr Barlow for continuing to offer his services as a non-executive director, which incoming Chairman John Pegler acknowledged as "allowing Bandanna Energy to continue to benefit from Mr Barlow's guidance and understanding of the projects and his commitment to growing the company for the benefit of all shareholders."
Mr Pegler will assume the roles of Chairman of the Board of Directors and Chairman of the Remuneration Committee from 5 April 2012.
Contact
Michael Gray: +61-7-3041-4400
Andrew Crook Mb: +61-419-788-431
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