NEW CEO FOR AURIZON

Written on the 6 September 2016

NEW CEO FOR AURIZON

FORMER Rio Tinto iron ore boss Andrew Harding (pictured) will take over from Lance Hockridge as CEO of Aurizon (ASX:AZJ) from December, becoming only the second person to lead the rail company since its IPO in 2010.

Chairman Tim Poole says CEO succession planning has been a priority for the Brisbane-based company's board this year, and a global search was undertaken before Harding was chosen.

"He has global operational experience, has managed complex logistics operations attached to mining operations and has a detailed understanding of the issues facing our customers," says Poole.

Harding joined Aurizon in June after 24 years with Rio Tinto, where he last held the role of Chief Executive Iron Ore.

He holds a Masters of Business Administration from Deakin University and a Bachelor of Mining Engineering from the University of New South Wales.

"Andrew's ability and experience will be essential in driving the next phase of transformation to increase value for Aurizon shareholders," says Poole.

Harding will commence with Aurizon on 1 December 2016.

Hockridge will continue in his role with full responsibilities as MD and CEO until Harding commences and on ceasing employment with Aurizon later that month will receive termination benefits in accordance with the provisions of his contract of employment as previously disclosed.

"Our inaugural Managing Director and CEO, Lance Hockridge, has led the company since our IPO in 2010 and has been a chief architect of our success to date," says Poole.

"Lance's leadership and vision have been crucial to what we have been able to achieve as a company. Our financial and operating performance metrics have significantly improved since IPO and he has been successful in bringing many in line with world class performance."


Latest News

2017 BRISBANE TOP COMPANIES REVEALED

WHILE Queensland is regarded as an economy in transition with the winding down of the mining boom, the 2017 top 50...

2017 BRISBANE TOP COMPANIES 1-10

FROM insurance and banking to travel, gambling, retail, property and pizza, these "heavyweights" have ha...

2017 BRISBANE TOP COMPANIES 11-20

RETAIL, property, an airline, cars, real estate, software services, energy, agriculture, veterinary services bathr...

2017 BRISBANE TOP COMPANIES 21-30

JEWELLERS Michael Hill International listed in 2016 with a half-billion dollar market capitalisation and a new CEO...

Related News

FURNITURE DISRUPTOR SET TO SHARE HIS ONE OF A KIND BUSINESS MODEL

IT'S no secret that Australians love homemaking. Their ceaseless quest to create the perfect place to call hom...

WEEDING OUT THE ASX'S BURGEONING CANNABIS TREND: 8 COMPANIES TO WATCH

A NICHE is budding on the ASX in the form of medical cannabis, an industry which has been on the country's rad...

FRESH CLASS ACTION TO REVEAL ANOTHER SIDE OF SLATER AND GORDON DOWNFALL

ACA LAWYERS has issued a formal letter of demand to Andrew Grech (pictured), managing director of Slater and Gordo...

STARSHIPS WERE MEANT TO DELIVER DOMINO'S PIZZA

NICKI Minaj may have been off the mark when she declared 'starships were meant to fly'. However, she m...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter