- Structural Monitoring Systems (SMN) appoints internationally recognised senior executive Ross Love as Executive Chairman, effective immediately
- Mr Love is an experienced global executive and consultant with extensive public and private sector experience which Chairman Bryant McLarty says will bring the company to the next level
- His resume includes management of one of the Boston Consulting Group’s (BCG) largest and longest running client relationships with Qantas Airlines
- More recently, Mr Love has served as Senior Advisor to the Chairman, Fortescue Metals Group and Minderoo
- Shares in Structural Monitoring are up 7.61 per cent to trade at 49.5 cents per share at 11:11 am AEST
Structural Monitoring Systems (SMN) has appointed internationally recognised senior executive Ross Love as Executive Chairman, effective immediately.
Mr Love is an experienced global executive and consultant with extensive public and private sector experience in developing and executing policy reforms and business strategy transformations in Australia and the US, with a focus in the airline business.
His resume includes management of one of the Boston Consulting Group’s (BCG) largest and longest running client relationships with Qantas Airlines.
He also oversaw BCG’s global airline practice before his tenure as head of the group’s New York business.
More recently, Mr Love has served as Senior Advisor to the Chairman, Fortescue Metals Group and Minderoo from September 2018 to March 2019, was a member of the WA Regional Development Trust from 2018 to 2021 and consultant to the Minister for Regional Development.
Chairman Bryant McLarty said he was thrilled that Mr Love had accepted the position as incoming SMS chairman and welcomed the decades of experience, leadership and high-level business acumen that he brings to the role.
“We have been searching for some time for a suitably qualified and experienced Chairman to drive the company to the next level and it was especially satisfying to have had the opportunity to broker an agreement that will see Ross lead the company and board moving forward.
“It is a significant achievement for SMS to have secured an incoming chairman of the calibre of Mr Love.
“His breadth of experience, both in Australia and the US, will benefit the growth of SMS and help it position for strong future growth in the aviation industry and beyond and enable the company to effectively harness and grow the commercial potential of its internationally certified structural monitoring technology.”
His base salary is $325,000 per annum plus superannuation and is eligible for various incentives that may be issued subject to shareholder approval.
Shares in Structural Monitoring were up 7.61 per cent to trade at 49.5 cents per share at 11:11 am AEST.