NEW CEO FOR COLLINS FOODS

Written on the 28 July 2014

NEW CEO FOR COLLINS FOODS COLLINS Foods Limited (ASX: CKF) has appointed Graham Maxwell as chief executive officer effective 29 September 2014.

Maxwell is currently the company’s chief operating officer and group chief financial officer and will succeed Kevin Perkins (pictured).

Perkins has been with the CFK for 35 years, 29 of which in the capacities of managing director and chief executive officer.

He will continue to be a member of CFK’s remuneration and nomination committee, and will remain in the business as an executive director following a period of leave later this year.

CFK chairman Russell Tate says preparations for Maxwell’s appointment have been in the works for some time, and he is looking forward to continued strong performance.

Maxwell will be credit with a fixed salary of $650,000 per annum, and the contract is on an initial term of three years.

“Graham’s transition to the chief executive role has been planned for some time and we fully expect that the working relationship which he and Kevin have established will make the transition seamless,” says Tate.

“They have together led the company through what has been an extremely busy and successful period and we are confident that Graham’s leadership and focus on the company’s growth potential will drive continued strong performance outcomes as we at the same time benefit from Kevin’s 35 years of experience.”

Tate thanked Perkins for “tireless leadership and absolute commitment” over the period of his tenure, while Perkins commented that there was no better fit for the role than Maxwell.

“It was time for me to take a break and hand over to the next generation of leadership at the company.

“There is no better person to lead Collins Foods than Graham, and I’m looking forward to continuing to work with Graham and the team in my new role.”

Previous to joining CKF, Maxwell held roles in corporate and franchise businesses, predominantly in fast foods and fast moving consumer goods.

His most recent external appointment was serving as director of international, ingredients and private label at SPC Ardmona, where he repositioned its growth strategy and grew profitability.

CFK’s share price is trading down 0.81 per cent following the announcement at $2.45 per share. 


Latest News

OROTON GOES CLICKS AND BRICKS AS PROFITS SLIDE

TWO former Aussie lawyers have turned their passion for fashion into a $15 million dollar international business six ...

MANTRA'S SHARE PRICE SURGE INDICATES 'SUITORS ARE CIRCLING' THE HOTEL GROUP

THE rumour mill surrounding a high-level takeover of Mantra Group (ASX: MTR) is in full production with its shares su...

MELBOURNE CBD GEMS SELL FOR $17 MILLION, MARKING A NEW PROPERTY HOTSPOT

LITTLE Lonsdale Street in the heart of Melbourne's CBD has become a favourite for investors in 2017, following th...

CAN GOOGLE RECOVER FROM GLOBAL CONTROVERSY OVER ITS PROGRAMMATIC ADVERTISING SYSTEM?

IT'S the story that has rocked the world of advertising. The lucrative Google (NASDAQ: GOOGL) advertising system ...

Related News

RAY OF HOPE FOR SLATER AND GORDON AS LENDERS STEP IN

EMBATTLED law firm Slater and Gordon (ASX: SGH) has announced to the ASX that it has launched confidential discussion...

SPROUTX PROVIDES THE SEED FOR AGTECH STARTUPS

AGTECH innovation fund SproutX has opened applications for its first accelerator round, backed by $10 million from...

GAS PRICES MAY FORCE BRICKWORKS TO TAKE MANUFACTURING OVERSEAS

BRICKWORKS Limited (ASX:BKW) chairman Robert Millner says soaring energy prices may force the company to turn to offs...

CHINA CONTINUES TO COLLECT AUSSIE PROPERTY ASSETS

CHINESE coin continues to dominate Australia's offshore real estate investment market, accounting for almost h...

EVENTS COMING UP

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter