Peninsula Energy Names New CEO; Shares Down 5%

MT Newswires Live

2025/01/06

Peninsula Energy (ASX:PEN) appointed George Bauk as chief executive, effective Jan. 20, according to a Monday filing with the Australian bourse.

Bauk recently served as executive chair at Thunderbird Resources (ASX:THB) and non-executive chair at PVW Resources (ASX:PVW) and Lithium Australia (ASX:LIT), as per the filing.

The appointment follows the previously announced planned departure of CEO Wayne Heili, who will remain with the company as a technical adviser.

Peninsula Energy's shares fell past 5% in recent Monday trade.

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