AusGroup Announces Organisational Change
12 January 2009
The Board of Directors of AusGroup Limited (the 'Company') wishes to announce that Mr James Finbarr Fitzgerald ('Jim') who was an Executive Director responsible for the Group's Business Development, Marketing and Proposals departments has relinquished his executive role with the Company on 31 December 2008 on the expiry of his service agreement.
The Company is also pleased to announce that Jim will remain on the Board as a Non-Executive Director, to continue to provide his wealth of experience and knowledge to assist the Board in overseeing the Group's ongoing innovation and capital development strategies for the operational aspects of the Company.
Chairman Mr Koo Soo Keong paid tribute to Jim as the founder, 20 years ago, of the original family company Ausclad Industries Pty Ltd which has evolved into AusGroup Limited.
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"Jim has been a major innovator and driver in the process of transforming the Company to where it is today. He has led by example and passed his experience and practical knowledge onto all those who have worked directly for him over the years. He will be fondly remembered as a leader who worked tirelessly and has given the best part of his life to the Company. On behalf of the Board and management, I wish him the very best and success for all his future endeavours." Mr Koo Soo Keong, Chairman |
Jim said he was looking forward to being freed from the day to day demands and being able to take a higher level independent overview within the Board.
John Fitzgerald Boyd Sheridan
Managing Director and CEO





