Mineral Resources has turned to a packing industry executive with no mining experience as its new chairman to repair the company’s tarnished reputation following a string of scandals surrounding billionaire founder Chris Ellison.

Malcolm Bundey, a private equity executive who sits on the board of Sydney-based building materials company Brickworks, will replace United Kingdom-based James McClements on July 1, after he was forced to step down in the fallout from numerous corporate governance failures at the diversified miner.

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