Hills Limited (ASX:HIL)
has appointed its current Chief Operating Officer Grant Logan as its new chief.
Outgoing CEO Ted Pretty will depart immediately and has been credited for the company’s transformation to a technology business.
Chairman Jennifer Hill-Ling says in light of the company’s refined strategy now is the time for a change in executive leadership.
Mr Logan joined Hills four years ago as Chief Financial Officer and has served as Chief Operating Officer since February this year.
Hills reported a net profit of $9.23 million in the first half of the 2015 financial year.