Boral CEO steps down
The Chief Executive of Boral, Mark Selway, has stepped down, effective immediately, after two years in the position. Ross Batstone, currently Division Managing Director Boral Building Products, has been appointed Acting Chief Executive Officer while a successor to Mr Selway is recruited.
Boral Chairman, Dr Bob Every, said that Boral had undergone significant restructuring over the past two years, including closure of non-performing businesses, a focus on lean manufacturing processes, emphasis on sales and marketing and investment in innovation and growth.
“While operational improvements throughout Mark’s tenure have been excellent, the Board has decided that the stewardship of the company going forward requires a Chief Executive with a leadership style suited to harmonizing the changes that have occurred over the last two years throughout the company.”