- Lindsay Australia (LAU) appoints Clayton McDonald as its newest CEO, effective from July 17, 2023
- The company says Mr McDonald has extensive experience in the transport and logistics sector, selecting him following a “competitive” search process
- Mr McDonald has previously held multiple senior executive positions at ASX-listed Aurizon (AZJ), and he worked at Toll Group between 2001-2008
- LAU Chair Ian Williams says outgoing MD and CEO Kim Lindsay leaves the company in a “strong position” to achieve profitable growth moving forward
- Shares in LAU are down 4.07 per cent to $1.30 at 10:58 am AEST
Lindsay Australia (LAU) has appointed Clayton McDonald as its newest CEO, effective from July 17, 2023.
The company said Mr McDonald had extensive experience in the transport and logistics sector, making him an ideal candidate following a “competitive” search process.
“Clay McDonald is an outstanding leader with an impressive track record in operational, commercial and customer-facing roles in transport and logistics,” Lindsay Australia Chair Ian Williams said.
“He has demonstrated experience growing businesses both organically and through acquisitions, which aligns to Lindsay Australia’s growth objectives.”
Mr McDonald currently serves as Group Executive Bulk at ASX-listed Aurizon (AZJ) and has held several senior executive positions at the company since 2008. Before that, he worked at Toll Group between 2001 and 2008.
The outgoing Kim Lindsay will retire as Managing Director and CEO on June 23, while Chief Operating Officer Craig Baker will assume the responsibility of interim CEO until Mr McDonald’s tenure begins.
“Kim Lindsay’s 20 years as Managing Director and CEO have built the foundations for an enduringly successful business, and he leaves Lindsay Australia in a strong position to achieve our ambitions for profitable growth,” Mr Williams said.
Shares in LAU were down 4.07 per cent to $1.30 at 10:58 am AEST.