Blackstone Minerals Navigates Leadership Shift with New Executive Chairman
Blackstone Minerals announces the resignation of Managing Director Scott Williamson, appointing Geoff Gilmour as Executive Chairman during the search for a new CEO. The board also welcomes geologist Greg Cunnold to strengthen technical expertise amid this transition.
- Managing Director Scott Williamson to resign effective 31 January 2026
- Non-Executive Director Geoff Gilmour appointed Executive Chairman immediately
- Board initiates search for permanent CEO or Managing Director
- Geologist Greg Cunnold joins as Non-Executive Director
- Cunnold brings expertise on Mankayan Copper-Gold Project in the Philippines
Leadership Transition at Blackstone Minerals
Blackstone Minerals Limited (ASX, BSX) has announced a significant change in its executive leadership with the resignation of Managing Director Scott Williamson, effective 31 January 2026. Williamson's departure marks the end of a tenure during which he contributed to the company's development, though the announcement does not specify reasons for his exit.
To ensure stability and continuity, the Board has appointed Geoff Gilmour, a current Non-Executive Director, as Executive Chairman with immediate effect. Gilmour will take on an executive leadership role while the company undertakes a search for a permanent Chief Executive Officer or Managing Director. This interim arrangement signals the Board’s intent to maintain steady governance during the transition period.
Strengthening Technical Expertise
In parallel with the leadership changes, Blackstone Minerals has bolstered its Board by appointing Greg Cunnold as a Non-Executive Director. Cunnold, a geologist with prior directorship experience at IDM, brings valuable technical knowledge, particularly relating to the Mankayan Copper-Gold Project in the Philippines. His addition is likely aimed at reinforcing the Board’s expertise in the company’s core exploration activities during this pivotal phase.
The Mankayan project remains a strategic asset for Blackstone, and Cunnold’s geological background could provide critical insights as the company advances its exploration and development plans. This move may also reassure investors that technical oversight remains a priority amid executive changes.
Looking Ahead
The Board has committed to keeping shareholders informed about the progress of appointing a permanent CEO or Managing Director. While the timeline for this appointment remains unspecified, the interim leadership and new board member appointments suggest a deliberate approach to managing the transition without disrupting ongoing operations.
For investors and market watchers, these developments underscore a period of adjustment for Blackstone Minerals. The company’s ability to secure strong leadership and maintain technical momentum will be critical factors influencing its trajectory in the competitive copper-gold exploration sector.
Bottom Line?
Blackstone’s leadership reshuffle sets the stage for a critical search that will shape its future direction and investor confidence.
Questions in the middle?
- What are the underlying reasons for Scott Williamson’s resignation?
- Who will be the frontrunners for the permanent CEO or Managing Director role?
- How will Greg Cunnold’s expertise influence the development of the Mankayan project?
