Monday, 26 August, 2013 - 12:12
New CFOs at Calibre, Seven Group
Calibre Group and Seven Group Holdings have appointed new chief financial officers today, with both being former executives at engineering contractor Downer EDI.
Ray Horsburgh AM is an Australian businessman with vast experience in the steel industry.
He was chair of Calibre Group and Toll Holdings, and non-executive director of CSR and Traffic Technologies.
Mr Horsburgh was previously managing director of Smorgon Steel Group for 15 years, following a 31-year career with the Australian Consolidated Industries Group.
He was awarded a Member of the Order of Australia for his service to the steel industry and to disadvantaged youth.
Calibre Group and Seven Group Holdings have appointed new chief financial officers today, with both being former executives at engineering contractor Downer EDI.
Mining services company Calibre Group has launched a marketing joint venture with a Canadian oil and gas company as it looks to expand its presence into North America.
Engineering and construction contractors Decmil Group and Calibre Group have both predicted a positive outlook after diversifying their businesses to cope with the mining services slowdown
Calibre Group has promoted acting chief operating officer Peter Reichler to the position of managing director, on a total fixed remuneration package worth $500,000 less than that of his predecessor.
The chairman of engineering contractor Calibre Group told shareholders that he would step down after the company completed its delisting from the ASX, despite being up for re-election at a general meeting today.
Position | Company | Year | Company's current rank |
---|---|---|---|
Non-Executive Director
|
2015 - 2020 | ||
Chairman
|
2012 - | ||
Non-Executive Director
|
2006 - | ||
Non-Executive Chair
|
- |
Company | Date | Transaction type | Number of shares | Price per share | Transaction value | Nature of change |
---|---|---|---|---|---|---|
2014-03-27 | Bought | 22,871 | $0.52 | $11,892 | Other | |
2013-11-20 | Bought | 90,909 | $0.45 | $40,909 | On-market trade | |
2013-10-07 | Bought | 11,808 | $0.50 | $5,904 | Other | |
2013-06-26 | Bought | 133,000 | $0.30 | $39,834 | On-market trade | |
2013-04-30 | Bought | 195,000 | $0.40 | $78,000 | On-market trade |
Announced | Bidder | Target | Transaction Type | Total Value | |
---|---|---|---|---|---|
Calibre | Ark Maintenance | Acquisition | $3.30m | >> | |
Calibre | Brown Consulting WA | Acquisition | >> | ||
Calibre | G&S Engineering Services | Acquisition | $100.00m | >> | |
Calibre | Echelon Mining Services | Acquisition | >> | ||
Automotive Holdings Group | Toll Group | Asset acquisition | $6.50m | >> |