Andy Miller Takes Helm at Benchmark as New CEO
Portflio - People | Jan 29, 2025 | Spectrum Equity
Benchmark Mineral Intelligence has appointed Andy Miller as its new CEO, while Simon Moores shifts to the role of Executive Chairman. This change is part of a new management strategy aimed at steering the company toward further growth and development. Miller, a long-standing key figure at Benchmark, will guide a newly expanded leadership team, emphasizing innovation in sales, technology, and finance. Simon Moores expressed confidence in Miller's leadership abilities, having worked closely together for over 13 years. Additionally, Caspar Rawles, who has been essential in operational leadership, will now serve as Chief Operating Officer. This leadership transition follows the strategic acquisition of Rho Motion in 2024 and several personnel changes aimed at driving growth. Parag Khandelwal of Spectrum Equity, supporting the leadership change, recognized the growth opportunities for Benchmark. Benchmark continues to be a pivotal player in providing critical pricing data and intelligence for the energy transition space, particularly concerning lithium and other essential battery materials.
Sectors
- Energy Transition and Storage
- Financial Services and Market Intelligence
Geography
- United Kingdom – Benchmark Mineral Intelligence is based in London, UK, indicating its primary geographical focus.
Industry
- Energy Transition and Storage – Benchmark is involved in the energy transition sector, focusing on critical minerals, lithium-ion batteries, EVs, and energy storage supply chains.
- Financial Services and Market Intelligence – Benchmark provides independent prices, data, and supply chain intelligence, indicating its role within financial services and market intelligence.
Financials
- 2024 – Year of Rho Motion acquisition by Benchmark.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Benchmark Mineral Intelligence | Company undergoing leadership changes | Company | A business intelligence provider focusing on critical minerals and energy storage supply chains. |
| Andy Miller | New CEO of Benchmark | Person | Previously COO and a founding member of Benchmark. |
| Simon Moores | Executive Chairman of Benchmark | Person | Former CEO transitioning to the Chairman role. |
| Parag Khandelwal | Managing Director at Spectrum Equity | Person | Board member supporting the management restructuring at Benchmark. |
| Spectrum Equity | Private Equity firm backing Benchmark | Company | PE firm involved as an investor and supportive of Benchmark's strategic direction. |
| Caspar Rawles | New COO of Benchmark | Person | Promoted to COO after notable contributions to the company's operations. |
| Rho Motion | Acquired company | Company | Acquired by Benchmark to enhance its business intelligence offerings. |