Tuesday, 22 September, 2009 - 13:55
Scott-Mackenzie to chair Macmahon
Macmahon Holdings has appointed Ken Scott-Mackenzie as chairman, replacing Richard Carter who has decided to retire at the company's general meeting in November.
Kenneth (Ken) Scott-Mackenzie has 40 years’ experience in the engineering, mining and construction sectors in both Australia and overseas. He has a Bachelor of Engineering (Mining) degree and is a solicitor of the Supreme Court of New South Wales. He is also a graduate and member of the Australian Institute of Company Directors.
Mr Scott-Mackenzie was the inaugural Chief Executive Officer of Bilfinger Berger Australia Pty Ltd for four years from 2005
to 2009, during which time he was the Vice President of the Australian Constructors Association. Prior to his appointment
to Bilfinger Berger Australia, he held a number of positions at Abigroup Limited, including Chief Executive Officer from 2004
to 2005. During his time at Abigroup, Mr Scott-Mackenzie was responsible for the development of the company’s highly
successful infrastructure division, and had primary responsibility for Abigroup’s involvement in the $560 million M2 Motorway,
the $280 million Sydney SuperDome (Acer Arena) and the $2.3 billion WestLink M7 projects.
Macmahon Holdings has appointed Ken Scott-Mackenzie as chairman, replacing Richard Carter who has decided to retire at the company's general meeting in November.
Board control at Murchison Metals is set to pass to corporate raider Sir Ron Brierley’s Mercantile Investment Company, after the incumbenet chairman and managing director said all parties agreed on the need to return cash to shareholders.
Tougher economic times and increased scrutiny have put a cap on the growth of executive remuneration.
LOOKING at the remuneration packages negotiated by newly appointed chief executives in Perth, there is a common pattern -5 size equals money.
Mining contractor Macmahon Holdings has announced the appointment of Decmil Group chairman Giles Everist as a non-executive director.
Former Westrac chief executive Jim Walker has been appointed to the board of Macmahon Holdings as a non-executive director.
Macmahon Holdings has written to shareholders urging them to vote in favour of the company’s remuneration report, to ensure it does not incur a ‘second strike’.
Company directors must be getting nervous after watching the voting patterns at recent annual meetings.
Former WesTrac chief executive Jim Walker is set to step up to the role of chairman at Macmahon Holdings, replacing incumbent chair Ken Scott-Mackenzie who will retire next month.
Macmahon Holdings has returned to profitability but warned that tough conditions for companies servicing the mining industry are unlikely to pass anytime soon.
Position | Company | Year | Company's current rank | WA staff |
---|---|---|---|---|
Non-Executive Director
|
2010 |
Position | Company | Year | Company's current rank |
---|---|---|---|
Non-Executive Chairman
|
2009 - 2014 | 5 | |
Non-Executive Chairman
|
2011 - 2013 |
Company | Date | Transaction type | Number of shares | Price per share | Transaction value | Nature of change |
---|---|---|---|---|---|---|
2013-01-22 | Bought | 33,334 | $0.16 | $5,333 | Rights issue |
Announced | Bidder | Target | Transaction Type | Total Value | |
---|---|---|---|---|---|
Sembawang Australia | Macmahon Holdings | Asset acquisition | $35.00m | >> | |
Leighton Holdings | Macmahon Holdings | Asset acquisition | $29.90m | >> |