new md for clough

Snippet in the West Australian says that Clough have made a decision on the new man;likely to be a someone from overseas with oil and gas experience.Only thing waiting on is final contract negotiations.I guess it is only a matter of days and comes at a good time of CLO entering the ASX300 on July 1st.With the new subsea company just formed,Clough is spreading its wings beyond Australia and Asia.Should be just what the market is waiting for.