Downer EDI Limited today announced the appointment of Malcolm Ashcroft as its new Chief Financial Officer, commencing by July 2023.
Mr Ashcroft is an experienced leader with a proven track record in the infrastructure services, construction, health and education sectors.
He will take over from Michael Ferguson, who has held the position since October 2016.
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The deal is subject to regulatory approvals and commercial conditions.
Every sector of the Australian share market has lost ground.
The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.
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