Comet Resources Limited (ASX:CRL) has appointed experienced executive and company director Matthew O’Kane as managing director.

The highly credentialed O’Kane has a career spanning 25 years which has been strongly focused on the mining and commodities sector.

He has held senior executive roles across a range of private and public companies in Australia, the USA and Asia.

Well placed to advance Springdale

This appointment sees Comet very well placed to advance the high-grade Springdale Graphite Project in south Western Australia towards the next stage of development.

O’Kane has spent the last nine years in Asia, gaining a wealth of experience and contacts in the region over a wide range of commodities, from producing companies to exploration/development plays and commodities trading.

In a statement, Comet said, “The board of Comet is delighted to have Matthew O’Kane take a lead executive role in the company and looks forward to his contributions.”

CEO will step down

Following this appointment, Philippa Leggat will step down as the company’s chief executive officer.

“The board would like to thank Ms Leggat for her tireless efforts both in advancing the project and

raising the profile of the company and wish her all the best in her future endeavours,” Comet said.