Kenmare Resources Names New Chief Financial Officer
Kenmare Resources plc, recognized as a leader in the production of titanium minerals and zircon, is excited to share that James McCullough has been appointed as the new Chief Financial Officer, effective from May 1, 2025. His addition to the management team reflects Kenmare's commitment to strengthening its financial leadership and strategic direction.
James McCullough Brings Solid Experience
James arrives at Kenmare following a thorough selection process led by the Nomination Committee, alongside an independent executive search firm. His revenue-generating experience over a 14-year tenure at Rio Tinto equips him with exceptional insights into the mining sector, particularly in finance and strategic initiative execution. In his most recent role as General Manager - Group Strategy at Rio, he has cultivated a robust portfolio of expertise in various finance roles which will be beneficial as he steps into this new position.
A Strong Foundation in Mining and Finance
With a background deeply rooted in the mining industry, James has held pivotal positions that explored key financial strategies and evaluations, including significant contributions to Rio's Group Finance team. His role in Business Evaluation and as Business Executive to the CFO at Rio allowed him to participate in major financial and strategic decisions that shaped the company's direction.
Advanced Educational Credentials
James holds a PhD in Engineering from University College Dublin, combined with an Executive MBA from Bayes Business School. His status as a Chartered Management Accountant consolidates his commitment to high standards in financial management and governance, positioning him ideally to lead Kenmare’s financial strategies.
Transition from Tom Hickey
In his upcoming role, James will be succeeding Tom Hickey, who recently elevated to the position of Managing Director. It is worth noting that the Chief Financial Officer position does not currently hold a Board seat, signifying a focused operational role as Kenmare moves forward with its growth strategy.
Management Statements
Tom Hickey, Managing Director, commented:
“I am thrilled to welcome James to Kenmare’s management. His blend of technical knowledge, financial expertise, and strategic outlook is invaluable for our future. James has historical ties to the Company, cherished as an industry analyst who has praised Kenmare for many years.”
James McCullough shared his thoughts:
“Kenmare stands out in the titanium minerals sector with its significant mineral resources. I have long admired Kentmare’s impact and success across various communities, and it’s with great enthusiasm that I join the team. I look forward to collaborating with management and the Board to elevate the Company’s operational, financial, and sustainability achievements.”
About Kenmare Resources plc
As one of the globe's leading producers of mineral sands, Kenmare is publicly traded on both the London Stock Exchange and Euronext Dublin. The Company operates the Moma Titanium Minerals Mine located in Mozambique, which generates approximately 8% of the world’s titanium feedstocks. This positions Kenmare as a vital supplier to over 15 countries, producing essential materials that contribute to everyday items like paints, plastics, and ceramic tiles.
Frequently Asked Questions
What role will James McCullough fulfill at Kenmare?
James McCullough will be the Chief Financial Officer at Kenmare Resources, overseeing financial strategies and operations.
What experience does James bring to his new position?
James has 14 years of extensive experience in the mining sector, particularly with Rio Tinto, where he held senior roles in finance and strategic operations.
What qualifications does James McCullough have?
James holds a PhD in Engineering and an Executive MBA and is a Chartered Management Accountant.
Who did James McCullough succeed as CFO?
James will succeed Tom Hickey, who has recently transitioned to the role of Managing Director at Kenmare.
What is Kenmare Resources known for?
Kenmare Resources is known for its production of titanium minerals and zircon, operating the significant Moma Titanium Minerals Mine in Mozambique.
