Ellison to Stay at MinRes as New Succession Plan Announced

Ellison to stay at MinRes as new succession plan announced

MinRes chairman Malcolm Bundey told shareholders at the annual meeting that Ellison will remain at the company beyond the previously agreed deadline and will implement a three-stage succession plan.

Chris Ellison retains grip on power after MinRes drops exit deadline

The billionaire said he would “ignore the noise” over his conduct after reneging on a promise to quit by mid-2026, despite regulator probes.

Ellison remains at MinRes helm, board cans exit deadline

Besieged Mineral Resources founder Chris Ellison will outrun his departure date, remaining as managing director as the board refuses to “rush” the search for a new boss.

MinRes Shifts Goalposts on Ellison’s Departure

Mineral Resources has scrapped the mid-2026 deadline for Chris Ellison to step down as managing director. This decision comes a year after the company’s founder pledged to resign following a series of scandals that negatively impacted the company’s reputation. Mineral Resources is a leading Australian mining services company, specialising in iron ore and lithium production, as well as providing mining services to third parties. The company is kn…