Liontown Resources shares jump after next CFO unveiled
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More news: Liontown Resources shares were up in afternoon trade as the lithium company confirmed the appointment of Greg Jason as its chief financial officer.
Liontown shares were up 3.9% to 93 cents at 12:10pm AEST. The stock is up 37.8% over the last 12 months.
Liontown Resources poaches CFO Greg Jason from IGO joint venture
The news: Lithium producer Liontown Resources’ has appointed Greg Jason as its chief financial officer, effective 18 December, who will vacate the chief financial officer role at Tianqi Lithium Energy Australia.
Liontown also appointed marine logistics provider MMA Offshore’s executive general manager human resources Lisa Breen as chief people officer, effective 13 October.
The context: On 30 June, Liontown announced that then-CFO Jon Latton and then-COO Adam Smits would resign.
Jason has served as CFO of Tianqi Lithium Energy Australia — a joint venture between Tianqi Lithium and IGO — since August 2024 and also spent two years in executive roles at lithium producer Pilbara Minerals.
He has also previously spent 15 years at shipbuilder Austal, of which nine years were spent as chief financial officer.
Breen also previously worked at Austal between 2015 and 2024, finishing her stint at the shipbuilder as vice president people, culture and communications. She has since worked at MMA Offshore.
What they said: “[Jason and Breen’s] diverse backgrounds and skillsets will be invaluable to the company as we complete our transition as Australia’s only underground lithium mine and grow our business,” Liontown managing director and CEO Tony Ottaviano said.
“Coupled with the recent appointment of Ryan Hair as chief operating officer, these appointments demonstrate Liontown is a company well positioned for a strong future.”
The source: ASX
