LAU 1.63% 93.5¢ lindsay australia limited

Ann: CEO Announcement, page-3

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  1. 10,774 Posts.
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    Great that our excellent national newspaper (worth subscribing to in print and digital) mentions the changeover.

    Five years ago LAU would rarely if ever have occupied a single column centimetre in any Oz newspaper, and similarly rarely had anything about it featured in online media.

    Note use of the word 'giant'. Perhaps an exaggeration,but LAU certainly has grown, including to our pleasure in its MC:


    Lindsay Australia taps Aurizon veteran as CEO

    Logistics and delivery giant Lindsay Australia has tapped Aurizon veteran Clayton McDonald as its next chief executive from July 17.

    Mr McDonald, who has been with Aurizon since 2008, replaces managing director and CEO Kim Lindsay who will be retiring on June 23 after two decades with the group.
    Chief operating officer Craig Baker will be acting CEO for about a month.

    Mr McDonald's fixed annual remuneration has been set at $830,000 gross per annum (including superannuation) and he will be eligible for incentives with a sign-on benefits deal, subject to vesting and service milestones, locked in if any incentives are forfeited or foregone.


 
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