Sims makes change to board of directors

Jim Thompson retires from the board of Sims Ltd. while Victoria Binns joins it.

October 20, 2021

Australia-based recycling company Sims Ltd. has added mining and metals industry veteran Victoria Binns to its board of directors and has announced the retirement of board member Jim Thompson.

Binns began serving as an independent non-executive director effective Oct.  8, 2021, while Thompson will not stand for re-election at the November 2021 Sims Ltd. annual general meeting. Binns’ appointment has been scheduled for confirmation at the same meeting.

According to Sims, Binns has more than 35 years of experience in the global resources and financial services sectors, including 10 years in executive roles at mining firm BHP 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 Singapore (WIMAR SG).

“As chairman, I’m delighted to welcome Vicky to our board as an independent non-executive director, bringing many years of invaluable financial and organizational experience,” says Geoffrey Brunsdon, chairman and independent non-executive director at Sims Limited. “Vicky’s experience in safety and risk management, finance, strategy and culture, and value creation will significantly benefit the company and its shareholders.”

During his tenure on the board, Thompson played a role in guiding the company’s strategy with his knowledge of the ferrous and nonferrous industries based on a 30-year career at Cargill Inc. He also served as chairman of the Safety, Health, Environment, Community and Sustainability Committee at Sims Limited.

“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 CEO in 2013,” says Brunsdon. “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.”

Sims Limited describes itself as a global leader in metal recycling, data center IT circularity and as an emerging leader in municipal recycling and renewable energy. The company operates more than 260 facilities in 15 countries.