Total
0
Shares
Austin Engineering (ASX:ANG) - CEO and Managing Director, David Singleton
CEO and Managing Director, David Singleton
Source: Business News
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Austin Engineering (ANG) appoints David Singleton as CEO and Managing Director, effective immediately
  • Currently, Mr Singleton is a Non-Executive Director and was appointed interim CEO following the resignation of Peter Forsyth on June 25
  • Prior to joining Austin, Mr Singleton was the CEO of international shipbuilder Austal where he led the company through a period of significant growth
  • One of Mr Singleton’s initial roles at Austin will be to undertake a strategic review to identify growth opportunities
  • Austin has ended the day 14.4 per cent in the green with shares trading at 16 cents

Austin Engineering (ANG) has appointed David Singleton as CEO and Managing Director, effective immediately.

Currently, Mr Singleton is a Non-Executive Director and was appointed interim CEO following the resignation of Peter Forsyth on June 25.

Prior to joining Austin, Mr Singleton was the CEO of international shipbuilder Austal where he led the company through a period of significant growth.

He also oversaw operations in Australia, the US, Vietnam and the Philippines.

Mr Singleton has also been CEO of engineering and construction company Clough, CEO of Alenia Marconi Systems in Rome and Global Head of Strategy for BAE Systems in London.

One of Mr Singleton’s initial roles at Austin will be to undertake a strategic review to identify growth opportunities.

Chairman Jim Walker is pleased to have filled the positions of CEO and Managing Director on a more permanent basis.

“We’re very pleased to bring David into the role of company CEO. He brings a relevant skill set to Austin as it embarks on a crucial strategic review to evaluate it to the next stage of growth,” Mr Walker said.

“He has both corporate and operational skills and has already made a strong contribution to the company through his role as Non-Executive Director.”

Austin has ended the day 14.4 per cent in the green with shares trading at 16 cents in an $81.21 million market cap.

ANG by the numbers
More From The Market Herald
Amaero International (ASX:3DA) - CEO, Barrie Finnin

" Amaero International (ASX:3DA) to make rocket motor parts for Gilmour Space

Amaero International (3DA) has secured a heads of agreement (HoA) with Gilmour Space Technologies.

" DGL Group (ASX:DGL) to buy Shackell for $8.9m

Specialist chemicals business DGL Group (DGL) has agreed to purchase Shackell Transport for $8.9 million.

" CIM propose $840M 2019 profits with digital shift

CIMIC Group Executive Chairman expects a 2019 performance of $790m  million $840 million.

" Scheme order issues $400M in annual income

Doray Minerals Limited has announced orders made by the Supreme Court of Western Australia on 28 March 2019, which approved a share and