Summit Minerals Limited (ASX: SUM, “Summit” or the “Company”), is pleased to announce that Mr Jiahe “Gower” He has been appointed as Managing Director (MD) of Summit with immediate effect. Prior to his most recent appointment as CEO of Summit in Oct 2023, Gower held various management positions on ASX listed companies as well as with Japanese conglomerate Mitsui.
Mr He is a qualified CPA and possesses over 20 years of multinational experience in the resource sector and metals value chain. He is a driven and strategic leader, with global networks, in addition to his thorough understanding of the value chains across multiple commodities, particularly, in the energy transition sector. His strong commercial acumen and technical knowledge in the energy transition front makes him the ideal Managing Director to lead Company through the next phase of growth in the energy transition industry.
Summit Chairman, Mr Peretz Shapiro, comments on the MD appointment:
“We are extremely pleased that Gower has accepted the appointment to MD. The board is confident in Gowers’ vision and experience as well as his ability to execute. He is an invaluable asset to Summit.
Through Gower’s leadership, the board is confident that the Company will be able to execute on its strategy and thereby provide long-term returns for its shareholders.”
Summit Managing Director, Mr Gower He, comments:
“I am grateful to the board for appointing me to the role of Managing Director.
The energy transition and raw material shortage in select minerals is very real and here to stay. My past training at Mitsui has given me the tools to help identify the right assets and help increase the value of the companies with those assets.
As stated in prior announcements, Summit, is now on the hunt for new projects to suit our strategy in the energy transition race. Our project focus is on a global scale which gives us the best chance of success.
Additionally, I have elected for my remuneration package to remain unchanged demonstrating my commitment to the company. We will also reduce other costs where reasonable, to allow Summit to be in the best position to pounce on the right acquisitions for future growth.”
Summit Minerals Limited is an Australian-focused ASX-listed battery mineral exploration Company with a portfolio of projects in demand-driven commodities. It is focused on systematically exploring and developing its projects to delineate multiple JORC-compliant resources.