Aerometrex (ASX:AMX) - Outgoing Managing Director, Mark Deuter
Outgoing Managing Director, Mark Deuter
Source: The Advertiser
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  • Aerometrex (AMX) appoints Steven Masters as the company’s new Managing Director and CEO
  • Mr Masters will step into the new role once completing his current job as Chief Executive of ElectraNet, where he has been for seven years
  • The company’s current Managing Director, Mark Deuter, will be leaving the company after announcing his intention to retire earlier this year
  • During the transition period current COO David Byrne will assume the role of acting CEO
  • AMX shares have been trading up 4.55 per cent trading at 69 cents each

Aerometrex (AMX) has appointed Steven Masters as the company’s new Managing Director and CEO.

Mr Masters will step into the new role upon finalisation of his current employment, which is due to occur no later than March 2022.

Company Chairman Mark Lindh said Mr Masters will bring impressive leadership skills to Aerometrex.

“Steve’s skillsets and relationships will be highly complementary to the outstanding technical capability that exists within Aerometrex,” he said.

Mr Masters is currently Chief Executive of ElectraNet, where he has been for seven years.

He previously worked for Beach Energy from 2010 to 2014, including as a Chief Commercial Officer and Executive Vice President of Growth.

Mr Masters said he was proud of his work with ElectraNet and excited to work for Aerometrex.

“I am thrilled by the opportunity to lead Aerometrex, and look forward to working with a world-class team, developing the future strategy and building the business”, he said.

The company’s current Managing Director, Mark Deuter, will be leaving the company after announcing his intention to retire earlier this year.

During the transition period current COO David Byrne will assume the role of acting CEO.

Shares were up 4.55 per cent trading at 69 cents at 2:06 pm AEDT.

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