Adriatic Metals announces leadership change

Adriatic Metals PLC (ASX: ADT) has appointed Laura Tyler as the new Managing Director and Chief Executive Officer, effective 17 October 2024. Laura Tyler has been serving as Interim CEO since 9 August 2024 and was a Non-Executive Director from 1 July 2024. This move is a part of Adriatic Metals' strategy to become a leading European mining company.

Adriatic Metals outlines future strategy

Adriatic Metals has announced the appointment of Laura Tyler as their new CEO and Managing Director, marking a significant transition phase for the company. With Laura's extensive experience in mining operations, Adriatic aims to strengthen its position in Europe, focusing on the Vares high-grade silver operation in Bosnia & Herzegovina and exploration in Serbia. The Vares Silver Operation is fully funded and expected to reach full production by the end of 2024, positioning Adriatic as a key player in supplying critical metals in Europe. The board's confidence in Laura Tyler's leadership is evident, and her remuneration details will be finalized by early 2025.

Executive commentary on leadership transition

Michael Rawlinson, Chairman, expressed confidence in Laura Tyler's abilities to lead the company to achieve its operational and strategic goals. Laura Tyler highlighted the potential of the Vares Silver Operation and expressed enthusiasm for leading Adriatic into its next growth phase.