Sims Limited (ASX: SGM; USOTC: SMSMY) has appointed Sydney-based Victoria Binns as an independent non-executive director to the Board of Directors
Binns’ appointment, a casual vacancy on the Board, is to be confirmed by shareholders at the 2021 annual general meeting scheduled for Nov. 10, 2021.
She has more than 35 years of experience in the global resources and financial services sectors – including 10 years in executive leadership roles at BHP in Asia, and 15 years in financial services with Merrill Lynch Australia and Macquarie Equities.
During her career at BHP, Binns’ roles included vice president minerals marketing, leadership positions in the metals and coal marketing business, and vice president of market analysis and economics. She was also co-founder and chair of Women in Mining and Resources Sg (WIMAR Sg).
Prior to joining BHP, Binns held several board of directors and senior management roles at Merrill Lynch Australia, including managing director and head of Australian research, head of global mining, metals and steel, and head of Australian mining research.
She is also a non-executive director of two ASX-listed companies, Cooper Energy and Evolution Mining. In addition, she is a non-executive director for the NFP Carbon Market Institute (CMI), as well as a member of the Advisory Council for JP Morgan, Australia and New Zealand.
Geoffrey Brunsdon, chairman and independent non-executive director at Sims Limited, said: “I believe Vicky’s appointment is aligned with the company’s purpose, create a world without waste to preserve our planet, and its strategy, and her experience will complement the Board’s existing mix of skills and experience, and I look forward to working with her.
Jim Thompson, independent non-executive director, informed the Board of Directors that he will not stand for re-election at the 2021 annual general meeting.
Brunsdon, added: “On behalf of the Board of Directors, I thank Jim for his guidance and dedication over the past 12 years, including when he acted in an executive capacity following the retirement of the then chief executive officer in 2013. I would like to place on the record the Board’s sincere appreciation of Jim’s long and selfless service to the company, its employees and shareholders.”
Founded in 1917, Sims Limited is a global metal recycling and data centre IT circularity business, and an emerging player in municipal recycling and renewable energy.
The company has nearly 3,880 employees operating from more than 260 facilities across 15 countries. Sims Limited posted A$5,916.3 million (US$4386.08 million) in sales revenues for FY21, a growth from A$4,908.5 million (US$3638.94 million) in 2020.