CleanSpace Holdings Limited (ASX:CSX) Announces New CEO

Leadership Transition

CleanSpace Holdings Limited (ASX: CSX) has appointed Gabrielle O’Carroll as its new Chief Executive Officer, effective 1 January 2025. Gabrielle O’Carroll brings 18 years of experience from 3M, where she held significant roles across marketing, sales, and business leadership within the consumer, healthcare, and industrial markets.

Executive Insights

The Chairman of CleanSpace, Graham McLean, expressed enthusiasm about the appointment, stating that O’Carroll’s experience aligns well with the company’s growth ambitions. “We are confident that she will be a transformational leader for the company,” he remarked. In her remarks, Gabrielle O’Carroll noted, “This is a unique opportunity to grow Australian-based respiratory technology to protect people’s health in key global markets.”

Employment Terms

O’Carroll will receive a total fixed remuneration of $381,166 per annum, excluding superannuation, subject to annual review. Her employment includes opportunities for short-term incentives based on performance metrics and a long-term incentive plan involving restricted share units and performance rights linked to CleanSpace’s share price performance.

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Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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