- Austin Engineering (ANG) appoints David Singleton as CEO and Managing Director, effective immediately
- Currently, Mr Singleton is a Non-Executive Director and was appointed interim CEO following the resignation of Peter Forsyth on June 25
- Prior to joining Austin, Mr Singleton was the CEO of international shipbuilder Austal where he led the company through a period of significant growth
- One of Mr Singleton’s initial roles at Austin will be to undertake a strategic review to identify growth opportunities
- Austin has ended the day 14.4 per cent in the green with shares trading at 16 cents
Austin Engineering (ANG) has appointed David Singleton as CEO and Managing Director, effective immediately.
Currently, Mr Singleton is a Non-Executive Director and was appointed interim CEO following the resignation of Peter Forsyth on June 25.
Prior to joining Austin, Mr Singleton was the CEO of international shipbuilder Austal where he led the company through a period of significant growth.
He also oversaw operations in Australia, the US, Vietnam and the Philippines.
Mr Singleton has also been CEO of engineering and construction company Clough, CEO of Alenia Marconi Systems in Rome and Global Head of Strategy for BAE Systems in London.
One of Mr Singleton’s initial roles at Austin will be to undertake a strategic review to identify growth opportunities.
Chairman Jim Walker is pleased to have filled the positions of CEO and Managing Director on a more permanent basis.
“We’re very pleased to bring David into the role of company CEO. He brings a relevant skill set to Austin as it embarks on a crucial strategic review to evaluate it to the next stage of growth,” Mr Walker said.
“He has both corporate and operational skills and has already made a strong contribution to the company through his role as Non-Executive Director.”
Austin has ended the day 14.4 per cent in the green with shares trading at 16 cents in an $81.21 million market cap.