Ian Davis will finish up in June and will be followed by current board member Rob Wylie
Transport equipment supplier MaxiTrans has made a number of changes to its board of directors, according to an ASX announcement yesterday.
As part of the changes, current chairman Ian Davis will retire from the role on June 30, the report says, a position he has held since the company listed in 1994 and was a single trailer brand MaxiCube.
“Today, MaxiTrans is Australia’s largest heavy road trailer manufacturer,” the report says, pointing to the acquisitions of Freighter, Hamelex White, Lusty EMS, and Azmeb during Davis’ tenure.
“David also oversaw MaxiTrans’ entry into the New Zealand and China markets as well as the diversification into the wholesale and retail trailer parts business with acquisitions including Colrain and Queensland Diesel Spares.
“The company’s MaxiParts network is now one of the largest trailer parts suppliers in the country.”
In announcing his retirement, Davis says the company is embarking “on the next phase of its growth strategy,” so “the time is right to introduce fresh thinking to the board.”
Taking over the chairman position will be MaxiTrans’ present audit and risk management committee chairman Rob Wylie, who has been a non-executive director since 2008 and “has extensive experience”.
Having served in senior positions with Deloitte, Elders Limited, and CPT Manager Limited, Wylie is a charted accountant and currently a director of the Walter and Eliza Hall Institute of Medical Research.
Applauding David for his contribution, Wylie says “his legacy will live long with the company.”
“On behalf of the whole board and shareholders I would like to thank Mr Davis for his strong leadership over the past 22 years as chairman,” he says.
Filling in the vacancy made by Wylie’s promotion will be Samantha Hogg, who holds non-executive finance roles at Hydro Tasmania and TasRail.
She has also previously held senior financial roles at Transuban Group, Vale Inco, and WMC Resources.
Hogg will seek reappointment to the MaxiTrans board ay the 2016 annual general meeting.