24th Oct 2025 11:45
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced this week and not separately reported by Alliance News:
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Rio Tinto PLC - London-based miner - Promotes Non-Executive Director Ben Wyatt to senior independent director for Rio Tinto Ltd, focused on Australia. Wyatt's new role will complement that of Sharon Thorne, the UK-based SID for Rio Tinto PLC, the company says. Wyatt, an Australian citizen, joined the Rio Tinto board in September 2021, having served in the government of the state of Western Australia as treasurer and Aboriginal Affairs minister.
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Tortilla Mexican Grill PLC - London-based fast-casual Mexican restaurant chain in UK, France and Middle East - Non-Executive Chair Emma Woods will leave the board at the end of 2025, having served for four years. Tortilla will look for a new independent chair. Earlier this month, Richard Haley joined the company as chief financial officer, replacing Maria Denny, who was in post for only a year and a half.
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Gowin New Energy Group Ltd - Cayman Islands-based business with investments in LED-related products, tea trading and agarwood trading - Chen Chih-Lung steps down temporarily as CEO "to focus on matters relating to the actions of a tenant of a commercial property that he owns in his personal capacity", but he remains a director. Chien Chih-Peng, another director, becomes interim CEO. Gowin New Energy emphasises that the property issue doesn't relate to the company.
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Eqtec PLC - London-based provider of syngas technology and engineering services for clean conversion of waste into sustainable energy and biofuels - Company reorganisation sees Non-Executive Chair Ian Pearson and Non-Executive Director Tom Quigley leave the board immediately. CEO David Palumbo moves to executive chair and relocates to the Middle East. James Parsons joins as CEO and executive director. Gerry Madden joins as CFO in a non-board capacity and as company secretary. Yoel Aleman Mendez will step down from the board but remain chief technical officer.
Eqtec says the changes are part of its effort to reduce costs and focus on its strategic priorities. This also has led to the downsizing of operations in Spain, the UK and France. Eqtec said its new leadership will aim to stabilise operations at its reference plants in Greece, Italy, and the US and to expand the company's revenue base. Eqtec has halted its acquisition of Rebel Ion Ltd, and Palumbo has resigned as a Rebel Ion director. Eqtec has secured a new funding facility worth up to GBP1.5 million provided by its broker, Global Investment Strategy UK Ltd.
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Altona Rare Earths PLC - exploration and development of critical raw materials in Africa - Hires Harvey Sinclair to be non-executive chair, starting November 1. Sinclair is the CEO of AIM-listed eEnergy PLC, a London-based net zero energy services provider. Sinclair also is a director and trustee of Wild Tomorrow, a non-governmental organisation involved in the creation of a wildlife corridor in KwaZulu-Natal, South Africa. At Altona, he replaces Simon Charles, who steps down on Friday next week after two years on board.
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Oberon Investments Group PLC - London-based investment management, wealth planning and corporate broking - Hires Andrew Little and three colleagues from Hawksmoor Investment Management to open an office in Exeter, England. Oberon notes that Little has 20 years of wealth and investment management experience, including at Barclays PLC, Canaccord Genuity and WH Ireland Group PLC. Earlier this month, shareholders of WH Ireland voted down a board proposal to sell the company's wealth management business to Oberon for GBP1 million and to delist from AIM.
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By Tom Waite, Alliance News editor
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