Giga Metals (TSX.V: GIGA) announced Tuesday that Scott Lendrum has been appointed chief executive officer of the company, effective July 2, and will also join the board of directors.
Lendrum has extensive experience as an investment banker specializing in the mining sector. He has a strong track record in executing cross-border mergers and acquisitions, equity financing, and capital market transactions, and has held leadership positions at several prominent financial institutions, most recently at Paradigm Capital from 2021 – 2024, where he was Director of Investment Banking (Mining).
“The appointment of Mr. Lendrum reflects our Company’s commitment to advancing its long-term strategic objectives and enhancing shareholder value,” Lyle Davis, Chairman of the Board said in a news release. “We are very excited to welcome him to the Board and to this leadership position.”
“Turnagain is a significant project in a great jurisdiction, and it has exciting exploration upside in addition to its large nickel and cobalt deposit,” Lendrum said.” I believe there is a lot of value to be unlocked here, and I look forward to the challenge.”
In connection with this transition, Martin Vydra has stepped down from his roles as President and Director of the Company, effective June 24. Mr. Vydra will continue serving as a strategic advisor to support the company’s leadership and ongoing development.
Mark Jarvis, who has served as Chief Executive Office since 2005, will now assume the role of president. This new structure ensures continuity and a strong foundation for the next phase of growth, the company said.
“We are thrilled to welcome Mr. Lendrum to the team. We believe that his leadership and vision will be invaluable as we pursue our strategic goals,” said Jarvis. “We also thank Mr. Vydra for his significant contributions to the Company and look forward to his continued involvement in an advisory capacity.”