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Wagners (ASX:WGN) promotes CEO to Managing Director

ASX News, Materials
ASX:WGN      MCAP $174.4M
01 July 2022 14:02 (AEST)

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Building materials company Wagners (WGN) has appointed its current CEO to the board as Managing Director, effective from today.

Cameron Coleman has over 25 years of experience with Wagners and was appointed as Chief Executive Officer in 2012. He oversaw the transition of Wagners from a family company to an ASX-listed business in 2017.

Prior to that, Mr Coleman held various executive management positions and senior operational roles within Wagners.

Chairman of WGN, Denis Wagner said the Board has observed Mr Coleman in the role of CEO since its listing in December 2017 and acknowledges the strong contribution he has made to Wagners.

“The Board welcome the attributes he brings with extensive industry experience and an intense focus on the future success of the business,” Mr Wagner said.

“Cameron demonstrates the operational skills, leadership and capability to lead the executive management team to deliver future success for WGN’s shareholders and we look forward to the valuable contribution he will make to the Board.”

There will be no material changes to Mr Coleman’s existing terms of employment as CEO in his new role as Managing Director.

Wagners climbed 2.70 per cent, trading at $1.14 at 2:00 pm AEST.

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