Lithium resources company Piedmont Lithium Inc (ASX:PLL) announced on Friday (23 September 2022) that it has added two new senior leaders to its team as part of its growth strategy.
In an ASX filing today, the company said Erin Sanders, an award-winning integrated communications strategist, has been designated the vice president of corporate communications, while Rio Tinto veteran Nick Fouche has been named senior vice president (VP) of Capital Projects.
Piedmont has added nine new employees to its team in the last six months, including these two new hires.
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Data Source- Company announcement dated 23 September 2022
Meanwhile, shares of Piedmont closed trading at AU$0.88 per share, down 5.38% on ASX today. This is inline with the ASX 200 Materials index, which was 0.49% down at 15,349.40 points today (23 September).
Despite the positive news, Piedmont shares closed in the red today. This was mainly because of the broad ASX market, which closed 1.87% lower at 6,574.70 points today. Fears of a harsh reaction on Wall Street to a significant rate hike put pressure on the local market the whole session. The Federal Reserve is anticipated to raise its benchmark rate by at least 0.75 percentage points tonight.
On a sectoral front, all 11 sectors bled in red today; however, the materials sector was the less impacted sector.
More about Piedmont’s new joinees
For Piedmont‘s global portfolio, Fouche, who has over 30 years of experience, will be in charge of developing project execution methods. This will support the company’s obligations to safety, the environment, and employee wellness while also assisting him in achieving his goals.
For around 20 years, Fouche has collaborated with Rio Tinto (ASX:RIO), one of the world’s major mining and metals companies. His experience spans the globe, and in addition to Rio Tinto, he has worked for South32, Palabora Mining Company, and Ero Copper Corp. in various senior roles.
Sanders will be in charge of all corporate and executive communications, brand reputation, crisis and issues management, employee communications, community relations, public relations, and social media initiatives for Piedmont in her capacity as the vice president of corporate communications.
In her three decades of career, she has spent time at top global and regional communications agencies and gained significant experience in the mining and manufacturing sectors. She assists Fortune 500 companies in creating their brand identities and mentors some of the world’s most prestigious organisations in achieving their goals.