NEW ALLCONNEX WATER CEO APPOINTED

Written on the 4 November 2011

NEW ALLCONNEX WATER CEO APPOINTED

ALLCONNEX Water has appointed Andrew Foley (pictured) as its CEO following the resignation of Kim Wood from his $447,277 a year post.

The former general manager of strategy and development at the controversial water reseller, Foley will commence chief executive duties on November 11.

According to a company issued press release, he will be ‘working closely with our three participating councils to ensure a smooth transition of water and wastewater services on 1 July 2012’.

Foley has worked for more than 10 years in the water industry in a range of areas and has previously worked as part of the management team at the former Gold Coast Water.

Adopting the laconic approach of his predecessor, Foley offered no comment today.

Gold Coast City Council made the call to disconnect from Allconnex Water in September.

The majority of councillors agreed to disband the water retailer by June 30, 2012 at an estimated cost of around $100 million.

Chairman John Dempsey vacated the Allconnex board on September 30.


Latest News

PWR PROFIT CRASHES AS DOLLAR RISES AND COSTS MOUNT

A RISING Aussie dollar has offset PWR Holdings Limited's (ASX:PWH) overseas growth in the last half, forcing a...

SUPER RETAIL GROUP RESULTS SHINE ACROSS THE BOARD

A WELL-planned and executed half has paid off for Super Retail Group (ASX:SUL) as it posts a net profit result up ...

CORPORATE TRAVEL MANAGEMENT POSTS STRONG FIRST HALF RESULT

CORPORATE Travel Management (ASX:CTD) battled headwinds including a falling Australian Dollar and an airline price wa...

SLATER AND GORDON FILES CLASS ACTION AGAINST BELLAMY'S

SLATER AND GORDON (ASX:SGH), with funding from IMF Bentham (ASX:IMF), has filed its class action against Bellamy...

Related News

EVERYTHING YOU NEED TO KNOW ABOUT THE NATIONAL BROADBAND NETWORK

THE National Broadband Network (NBN) is more than an internet connection, it is an opportunity to transform your b...

WHY EMPLOYEE-OWNED COMPANIES ARE BEATING ASX200 SHARE PRICES

EMPLOYEE-owned companies command a higher share price than their publicly listed peers, reaping a 17 per cent prem...

RISE OF THE MACHINES HAS WORKERS SWEATING

UP TO 3.8 million Australian workers are fearful their job may soon be terminated by a robot, a new survey has shown....

LESS TALK, MORE SMALL BUSINESS ACTION IN 2017

THE future growth and prosperity of Australian SMEs could be undermined if governments lose sight of the sector...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter