New Toro chair


Fiona Harris FAICD has been announced as the new chairman of uranium explorer Toro Energy.

Harris replaces Erica Smyth FAICD who has decided to retire after nine years as a non-executive director and chairwoman.

Harris is on the board of Infigen Energy, property investor BWP Trust, Perron Group and Oil Search and has also been a national director and WA state president of the Australian Institute of Company Directors.

Toro also announced that non-executive director and former managing director Greg Hall is set to retire on 16 March.

The company also flagged the resignation of one of Mega Uranium's nominee directors from the Toro board in the coming months, reflecting the new shareholder structure following its recent financing transaction.

Toro said the board changes reflected the prevailing market circumstances and was in line with its board renewal process. The company is focused on the development of its Wiluna uranium project, which it hopes will be WA's first producing uranium mine. 

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Southern Cross Media Group has appointed Peter Bush as its non-executive independent director and chairman, with effect from 25 February 2015.

Bush replaces Max Moore-Wilton who has served as chairman since 2007.

Bush is currently chairman of Pacific Brands, chairman of resorts and hotels operator Mantra Group and has also served on the boards of Nine Entertainment Holdings, Insurance Australia Group, Miranda Wines, McDonalds Australia and beverages company Lion Nathan.

His appointment continues the group’s attempts to renew and strengthen the independence of the Southern Cross board which commenced in mid-2014 with the appointment of three new independent directors – Kathy Gramp FAICD, Rob Murray and Glen Boreham AM.