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Source: Bisalloy Steel
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  • Bisalloy Steel Group (BIS) appoints a new interim CEO, as Glenn Cooper leaves at the end of the year
  • In September, the company announced its CEO and Managing Director, Glenn Cooper, decided to leave Bisalloy
  • To replace him, Bisalloy has now appointed current Non Executive Director Michael Gundy as its interim CEO who’ll step into the role at the end of the year
  • On market close for the week, Bisalloy is up 4.68 per cent, trading at $1.90 per share

Bisalloy Steel Group (BIS) has appointed a new interim CEO, as its current one leaves at the end of the year.

In September, the company announced its CEO and Managing Director, Glenn Cooper, decided to leave Bisalloy, with his last day being at the end of December.

“We want to thank Glenn for everything he has done for the business during his time with us,” the company said in September.

“It has been agreed that Glenn will remain in his current role until the end of the year to ensure a smooth management transition.”

Current Non Executive Director Michael Gundy will take Mr Cooper’s place as the company’s interim CEO.

He has a long career in the steel industry including leading Bluescope Steel’s businesses in Indonesia and Thailand.

Mr Cooper and Mr Gundy will work together until the end of the year to ensure a smooth transition while Bisalloy continues the search for a new CEO.

Bisalloy is an Australia-based company involved in the manufacture and sale of quenched and tempered, high-tensile and abrasion resistant steel plates.

On market close for the week, Bisalloy was up 4.68 per cent and is trading at $1.90 per share.

BIS by the numbers
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