PWR (ASX:PWH) Announces Managing Director’s Medical Leave and Acting CEO Appointment
Leadership Transition
PWR’s Managing Director and Founder, Kees Weel, is taking temporary leave to seek treatment for an acute medical condition. The Executive Leadership Team will handle day-to-day responsibilities, with Matthew Bryson appointed as Acting CEO by the Board.
Executive Comments
Kees Weel stated, “While I will remain active in PWR’s overall direction, I have advised the Board that concentrating on my recovery is my priority. Matthew Bryson and the Executive Leadership Team have my full support, and I have complete faith that they will be able to deliver on PWR’s objectives and the move to PWR’s new headquarters, which has successfully commenced.”
Roland Dane, PWR’s Chairman, added, “The Board supports Kees in his decision to focus on his health and wishes him all the best for his recovery. We look forward to welcoming him back when he is ready.”
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 positions in and has recommended PWR Holdings. The Motley Fool Australia has positions in and has recommended PWR Holdings. 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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