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Sundance CFO takes helm at Bauxite Resources

Canterbury to swap companies in May

Sundance Resources will be looking to appoint a new financial chief after its CFO Peter Canterbury was revealed as the next CEO of ASX-listed bauxite and aluminium resources company, Bauxite Resources.

Canterbury has forged a significant career in the resources sector but is best known for stepping in as acting CEO of Sundance following the tragic death in June 2010 of its entire executive board and CEO in a plane crash. He was the company’s CFO for six years and joined after a stint as CFO of Dadco Europe, where he oversaw finance, commerce and logistics. Canterbury’s resume also includes finance-related roles with Alcoa World Alumina in Australia and internationally.

Bauxite Resources chairman Barry Carbon said Canterbury was the ideal candidate to lead the company through its next phase of expansion, which will centre on commercialising its exploration tenements and two joint venture projects.

“Mr Canterbury has financial, commercial and marketing experience in the alumina and bauxite industry, in addition to the well-recognised work he did with Sundance Resources,” Carbon said. “His leadership was demonstrated with Sundance both for his role in rebuilding that company and also with negotiating a benchmark Mining Convention in Cameroon.”

Canterbury joins Bauxite Resources in May. Sundance has not yet confirmed his successor.

Follow CFO World Australia on Twitter: @CFOworld_AU, or take part in the CFO World conversation on LinkedIn: CFO World.

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