Resignation of Group Chief Financial Officer

GENERAL
Wed, Mar 01 2023 03:39 pm

Media/ASX and NZX Release
1 March 2023

Resignation of Group Chief Financial Officer

Downer EDI Limited (Downer) today announced that Michael Ferguson has decided to resign from his role as Group Chief Financial Officer. He will be leaving Downer over the coming six months after a replacement has been appointed and the transition of his responsibilities has been completed.

Chief Executive Officer Peter Tompkins said: “I would like to thank Michael for his many contributions to Downer over the last nine years. I consider Michael to be one of the best commercial and financial professionals I have worked with. Importantly, he has built a strong team around him with significant depth in capability. I am very appreciative of him staying on over the coming months to assist with the transition process.”

The Company will immediately commence a comprehensive search for a CFO.


Authorised for release by Downer’s Board of Directors.

About Downer
Downer is the leading provider of integrated services in Australia and New Zealand and customers are at the heart of everything it does. It exists to create and sustain the modern environment and its promise is to work closely with its customers to help them succeed, using world-leading insights and solutions to design, build and sustain assets, infrastructure and facilities. For more information visit downergroup.com.

For further information please contact:
Media: Mitchell Dale, Group Manager Corporate Affairs +61 448 362 198
Investors: Adam Halmarick, Group Head of Investor Relations +61 413 437 487


Announcement PDF


Markets News

Fletcher dodges product recall in upbeat end to August for NZX 50
Markets

Fletcher dodges product recall in upbeat end to August for NZX 50

The S&P/NZX 50 Index rose 97.07 points, or 0.8%, to 12,447.68.

Paul McBeth 30 Aug 2024
Markets

Fletcher Building expects $168m hit from leaky pipes response

Fletcher Building subsidiary Iplex Australia to cover 80% of repair costs.

John Anthony 30 Aug 2024
Fletcher Building expects $168m hit from leaky pipes response
Markets

Ritchies posts $17m annual net loss

The bus operator's net loss widened from $8m to $17m in the year to March 31.

John Anthony 30 Aug 2024
Ritchies posts $17m annual net loss