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  • The Environmental Group (EGL) has appointed Jason Dixon as CEO effective immediately
  • Prior to joining EGL, Jason was Executive General Manager of Corporate & Risk at Tox Free Solutions for almost 10 years
  • In this role, he completed due diligence and funding for acquisitions, as well as equity and capital raises totalling $650 million
  • As a result of Jason's appointment, Managing Director Ellis Richardson will be stepping down, however, he will remain a Non-Executive Director
  • EGL has also announced it will be acquiring Active Environmental Solutions for 31 million shares priced at 2.5 cents
  • This acquisition allows EGL the opportunity to develop its services and offerings to new and existing clients.
  • EGL has ended the day 12.1 per cent in the green with shares trading at 3.7 cents

The Environmental Group (EGL) has appointed Jason Dixon as CEO effective immediately.

Prior to joining EGL, Jason was Executive General Manager of Corporate & Risk at Tox Free Solutions for almost 10 years.

Before being acquired by Cleanaway in 2018, Tox Free was one of Australia's leading waste management and environmental solutions companies.

In this role Jason completed due diligence and funding for acquisitions totalling $400 million, as well as equity and capital raises totalling $250 million.

As a result of Jason's appointment, Managing Director Ellis Richardson will be stepping down, however, he will remain as Non-Executive Director.

"After an extensive search, we are delighted to welcome Jason to the business," Chairman Lynn Richardson said.

"With his extensive knowledge of the environmental services sector and a proven track record as an executive in growing an Australian listed entity to becoming an ASX300 company, Jason's experience and leadership will significantly strengthen EGL," she added.

EGL has also announced it will be acquiring Active Environmental Solutions for 31 million shares priced at 2.5 cents.

This acquisition allows EGL the opportunity to develop its services and offerings to new and existing clients.

EGL has ended the day 12.1 per cent in the green with shares trading at 3.7 cents in an $8.612 million market cap.

EGL by the numbers
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