Paladin Energy Ltd has named Paul Hemburrow as its new Managing Director and Chief Executive Officer, starting on 1 September 2025, succeeding the role from Ian Purdy. Hemburrow, who has been the Chief Operating Officer at Paladin since 2023, will take over the top position after a thorough and internationally oriented succession process conducted by executive recruitment experts.
Hemburrow brings three decades of operational and management experience in the resources sector, covering a broad range of commodities and executive roles. His leadership encompasses mining, processing, port, and rail operations within complex operational settings and various regulatory frameworks.
With this new appointment, Hemburrow will become a member of the Paladin Board, which is also planning to include a Canadian resident director soon. This change is part of a strategic leadership transition, with departing CEO Ian Purdy aiding in the process and staying available to support the Board and the executive team until his notice period ends in mid-December.
Paladin Chair, Cliff Lawrenson said the Board is pleased with the appointment of Paul, describing him as a stand-out executive in their sector who possessed the leadership attributes, technical skills, and uranium knowledge needed to capitalise on the opportunities within Paladin’s global asset portfolio.
“We are very confident in Paul’s ability to create value for shareholders in the years ahead and this decision vindicates the leadership succession process the company has in place,” said Lawrenson.
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The Board extended its gratitude to outgoing CEO Ian Purdy for his leadership since 2020 and the significant contributions he has made to the company. Under Ian’s tenure, Paladin has transformed into a leading uranium producer with assets in the world’s premier uranium jurisdictions. He has built a skilled global management team and fostered a strong culture that will support Paladin’s sustainable long-term growth. The Board wished Ian all the best for the future.
The company also mentioned that they are currently in a global search for a new Chief Operating Officer to succeed Mr Hemburrow, with interim arrangements in place to ensure a smooth transition should be required.
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Reflecting on his new role, Hemburrow said: “I am delighted to be stepping into the MD and CEO role after a short handover period with Ian, whom I have worked with closely for several years. Paladin has a great future as one of the world’s most significant, independent uranium producers and my goal is to guide our experienced team in unlocking shareholder value from our production and development assets.”
Outgoing CEO Purdy stated that he was proud to be transitioning the leadership of Paladin at a time when the company had been transformed into a global producer delivering much-needed uranium into international markets.
“Paul and I have enjoyed a close and productive working relationship, and I am very confident that Paul has the right background and skills to lead Paladin through its next phase of growth. I would like to thank the board, Paladin team and everyone who has contributed to the Company’s many achievements during my tenure,” said Purdy.