Monday, 25 November, 2019 - 10:22
Caltex to float stake in 250 retail sites
Caltex Australia shares have jumped on plans by the fuels operator to launch a property IPO and float a 49 per cent stake in 250 retail sites.
Julian Segal joined Caltex from Incitec Pivot, a leading global chemicals company, where he served as the managing director & chief executive from June 2005 to May 2009. Prior to Incitec Pivot, Mr Segal spent 6 years at Orica in a number of senior management positions including as manager of strategic market planning, general manager of Australia/Asia Mining Services, and senior vice president of marketing for Orica Mining Services. He is also a director of the Australian Institute of Petroleum. Mr Segal holds a Bachelor of Science (Chemical Engineering) from the Israel Institute of Technology and a Master of Business Administration from the Macquarie Graduate School of Management.
Caltex Australia shares have jumped on plans by the fuels operator to launch a property IPO and float a 49 per cent stake in 250 retail sites.
Caltex Australia is planning a $500 million capital raising and the sale of an initial 25 petrol stations for $136 million as it contends with an unsolicited approach from its Canadian suitor.
Position | Company | Year | Company's current rank | WA staff |
---|---|---|---|---|
Managing Director, Chief Executive
|
2009 |
Position | Company | Year | Company's current rank |
---|---|---|---|
Managing Director, Chief Executive
|
2005 - 2009 | ||
Senior Vice President of Marketing since 2001
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1999 - 2005 |