D'ALMEIDA BEEFS UP CHAIRMAN'S ROLE

Written on the 16 March 2015 by Nick Nichols

D'ALMEIDA BEEFS UP CHAIRMAN'S ROLE

GOLD Coast businessman Murray d'Almeida has strengthened his role with listed emissions auditor Pacific Environment Holdings (ASX:PEH) after being named executive chairman of the company.

The position comes three years after d'Almeida was appointed non-executive chairman of the former Gold Coast-based company.

It also adds to his existing roles as chairman of Bartercard owner BPS Technology (ASX:BPS) and Barrack Street Investments (ASX:BST).

Pacific Environment CEO Peter White says the latest appointment is aimed at supporting the company in its growth and development strategy and that d'Almeida's role will include consultancy in marketing communications and business development.

"Mr d'Almeida has a wealth of experience in business development and in developing and implementing internal distribution systems," says White.

"His input and leadership will assist in accelerating the company's national and global growth plans.

Under his consultancy contract, an entity associated with d'Almeida will be paid $10,000 per month for the new role double his current remuneration.

Pacific Environment has expanded through acquisitions this past year, boosting revenue for the six months to December 30 by $2.2 million to $7.4 million, including three months' contribution by DLA Environment Services.

In December, the company secured its first international client, the Canterbury Regional Council in Christchurch, for its Envirosuite platform.

Pacific Environment posted a net profit of $485,000 for the period, up from $55,000.


Author: Nick Nichols

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