Board of Directors

William Rouse

Executive Chairman 
Will Rouse has joined to oversee the acquisition and continued operations of AEM. Will is an experienced senior banker, finance executive and “serial entrepreneur” focused on the acquisition and optimised growth of specialised manufacturing-related businesses. In his last role, Will acquired Simcro Ltd (“Simcro”) in 2007, a New Zealand-based export-manufacturer. Will sold his majority stake in Simcro in 2013 to The Riverside Company, a New York private equity group, retaining a 20% shareholding. Simcro then acquired two further operating businesses in NZ and Australia in 2015, with Will leading these acquisitions. Simcro was recently sold to a global multinational. Will is a Chartered Accountant and remains on the Board of Simcro.

Toby Chandler

Chief Executive Officer
Toby Chandler is the SMS Chief Executive Officer, and oversees the Company’s global strategy and business development efforts. He is also charged with optimizing the Company’s financing, capital and corporate structure requirements.

During his banking career, Mr. Chandler was a Managing Director with Morgan Stanley Inc. in New York, where he ran one of the Bank’s specialist hedge fund coverage desks.

Mr. Chandler has also held several other senior bank positions, including Managing Director and Head of Global Fixed Income Distribution at HSBC Securities (USA) NA, New York; Executive Director positions with Morgan Stanley Inc. and Morgan Stanley International plc, London, as head of Emerging Markets and Global Fixed Income Distribution; and Vice President with Citigroup NA, New York and Citigroup Australia.

Michael Reveley

Executive Director – CFO, COO
Mr. Reveley was a Managing Director of GovDesk, LLC, which provided capital introduction services to small-cap companies. Previously, Mr. Reveley was CEO of SEAL Capital Ltd., a global macro hedge fund. Before forming SEAL Capital, Mr. Reveley was CIO at the private equity and hedge fund firm Seagate Global Advisors.

During his banking career, Mr. Reveley was Director of Syndicate and Derivatives Group at SBC Warburg in London and New York, and vice-president at First Interstate Bank, where he co-managed a $20B derivatives portfolio.

Terry Walsh

Non-Executive Director and Head of Corporate & Legal Affairs
Mr Walsh is a highly experienced corporate counsel having led legal teams at such firms as Hancock Prospecting Pty Ltd and Rio Tinto Limited (Perth). Mr Walsh currently runs a private consultancy company, providing Board, commercial, business development and corporate advisory services. He will provide a key oversight role for the Company’s corporate legal affairs including contract negotiations, IP enforcement and maintenance, regulatory oversight and corporate compliance, and any future civil interactions.

Key Career Highlights:

  • Hancock Prospecting Pty Ltd – General Counsel. The role required a broad range of corporate. commercial and litigation work including the development of complex multi-$billion infrastructure and mining projects.
  • Rio Tinto Limited – Corporate Counsel. Provided corporate and commercial advice to Rio Tinto Iron Ore (RTIO) and Rio Tinto Minerals. Focus included corporate acquisitions and joint ventures, sales and marketing contracts, litigation matters and general commercial contracts.

Mr Walsh currently serves as a Non-Executive Director of Nanollose Limited.

Admissions: Supreme Court of Western Australia in February 1995


Stephen Forman

Non-Executive Director and Head of Investor Relations

Mr Forman has over 25 years of demonstrated high-level equity capital markets experience in Australia and North America, through roles in institutional equity sales and trading, investor relations and corporate advisory with major top- tier global investment groups – including UBS and JPMorgan – the latter where Mr Forman worked for 15 years in various senior positions.

Mr Forman’s current role as Managing Director with New York-based investment advisory and consulting firm, Union Square Capital Advisors, saw him successfully utilize his global network to assist companies with business development, corporate communication strategies – and to diversify their share register with Australian and North American investors. Mr Forman holds a B.Comm – Hons (Accounting & Finance) from UWA, and is a CFA Charterholder.