- Bapcor (BAP) has appointed Noel Meehan as Chief Executive Officer (CEO), effective immediately
- He will be paid $1.07 million per year, which includes superannuation
- Mr Meehan joined the company in 2020 and has worked as Chief Financial Officer as well as acting CEO since December last year
- Prior to joining the company, Mr Meehan worked as Chief Financial Officer at Troll Group and Treasury Wine Estates
- Shares are trading 0.14 per cent lower today at $7.07 each
Automotive company, Bapcor (BAP) has appointed Noel Meehan as Chief Executive Officer (CEO), effective immediately.
Mr Meehan joined the company in 2020 and has worked as Chief Financial Officer as well as acting CEO since December last year.
He will be paid $1.07 million per year, which includes superannuation.
Prior to joining the company, Mr Meehan worked as Chief Financial Officer at Troll Group and Treasury Wine Estates. He has also held executive roles at Orica and Qantas.
Executive Chair Margaret Haseltine said the board is delighted with his appointment.
“Having completed an extensive global search that included a number of high calibre
candidates, we are confident that Noel is the best person to lead Bapcor,” she said.
“In performing his duties as Acting Chief Executive Officer, Noel has ably demonstrated his depth of knowledge, understanding and passion for the business, its strategic opportunity and sustainable success.
“Noel is energised to simplify and grow the business, is very well placed to deliver on the organisation’s immediate, emerging and long term objectives, and he has garnered the support of the Group Leadership Team on that journey.”
Bapcor also announced the appointment of Mark Bernhard as non-executive director of Bapcor, to be effective 1 March 2022.
From 2015 to 2018, Mr Bernhard was Chairman and Managing Director of General-Motors Holden Australia, and from 2011 to 2015, he was Chief Financial Officer and Vice-President of Shanghai-GM. Mr Bernhard now serves as a non-executive director of Carbon Revolution, an ASX-listed maker of high-tech vehicle wheels.
Shares were trading 0.42 per cent lower today at $7.07 each at 1:08 am AEDT.