IGO (ASX:IGO) has revealed a strategic update to its board structure as part of its ongoing transformation under Chief Executive Officer Ivan Vella, according to a Friday Australian bourse filing.
The board will reduce its size, transition the chair role, and recruit new independent directors to better align with the company's refreshed strategy and long-term growth objectives, the filing said.
The company's restructured board will enhance governance to support its refreshed strategy and transformation, positioning the company for long-term value creation as it supplies key commodities for the global energy transition, the filing added.
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