Friday, 19 April 2024

Announcement

ADMIN: STU: Steel & Tube Interim Chief Executive appointed

14 Sep 2017 08:47NZX
Steel & Tube Holdings Limited today announced that experienced executive and
company director Mark Malpass has been appointed as interim CEO, effective 25
September 2017.

The appointment follows yesterday''s announcement that current CEO Dave
Taylor, who, after 8 years, and having had created a great portfolio of
businesses and setting the foundations for future growth, is stepping down to
pursue other interests.

Mr Malpass has had significant executive experience both in NZ and overseas.
He worked with ExxonMobil Corporation for over 19 years and was Chief
Executive of Fletcher Buildings largest division, Infrastructure Products,
which included transforming their steel distribution businesses.

Chair Susan Paterson said the Board was delighted that Mr Malpass had agreed
to the interim role while a search was conducted for a permanent replacement.
Mr Malpass will step down from the Board.

"Mark has broad commercial skills and industry knowledge, specifically within
the steel sector. He has made a strong contribution since joining the Steel &
Tube Board in March this year, and has also been part of Steel & Tube''s
recent strategy update."

Susan Paterson
Chair
STEEL & TUBE HOLDINGS LTD
End CA:00307184 For:STU    Type:ADMIN      Time:2017-09-14 08:47:35
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Steel & Tube Holdings Ordinary Shares
 2.070 Change:
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Open:2.080 
High:2.080 
Low:2.080 
Volume:3,000 
Last Traded:07/02/18 09:13:24 
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52-Wk High:2.690 
52-Wk Low:1.990