Incitec Pivot Limited
(ASX:IPL) will split its global manufacturing operations into two divisions, after a review of the worldwide arm.
The company says Bernard Walsh will step down as president of global manufacturing as part of the restructure.
A strategic and technical division will consolidate engineering and project management expertise into a single centre and an operational division will be responsible for the plants on a day-to-day basis.
The new organisational structure will come into effect on October 1.
A search is underway to recruit the head of the operational function.
Incitec Pivot delivered a net profit of $110.3 million in the first half of fiscal 2013.
