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New Hope Corp Ltd Announces Senior Management Transition

Wednesday, 11 Sep 2013 07:17pm EDT 

New Hope Corp Ltd announced plans for a senior management transition with Managing Director and Chief Executive Officer Robert Neale retiring on January 31, 2014 and Chief Financial Officer Shane Stephan being appointed as Chief Executive Officer. The transition is part of a long-term succession plan and the Board is managing an orderly transition with Mr Stephan anticipated to be appointed CEO from February 1, 2014. It is also anticipated that Mr Neale will remain a consultant to the Group following his retirement. At the completion of the transition process, the New Hope senior management team will comprise: Shane Stephan, Chief Executive Officer; Bruce Denney, Chief Operating Officer; and Bruce Denney, Chief Operating Officer. It is anticipated that Matthew Busch will be appointed Chief Financial Officer, replacing Shane Stephan. 

Company Quote

-0.13 -5.44%
17 Apr 2015