Spotless hires new CEO & MD

Company News

by Jessica Amir

Spotless Group (ASX:SPO) has announced it has appointed Dana Nelson as its new Chief Executive Officer and Managing Director, with immediate effect.

Dana has been the logistics business’ Chief Operating Officer since July 2015.

Her hire comes as Martin Sheppard resigned to pursue opportunities with Downer EDI (ASX:DOW) who are in the process of taking over Spotless.

The company says despite the challenging period for Spotless Group, Martin Sheppard left the firm extremely well positioned for growth.

It comes as Downer EDI (ASX:DOW), which owns 87.4 per cent of Spotless Group (ASX:SPO) extended its takeover offer for the ninth time. Downer is offering Spotless Group shareholders $1.15 cash per share.

Spotless Group (ASX:SPO) are 0.2 per cent higher to $1.15.

Jessica Amir

Finance News Network
Jessica joined FNN in January 2017 after having worked in financial advising for seven years and in TV journalism for seven years, specialising in finance, equities and analysis. She has interviewed former Prime Ministers of Australia, Tony Abbott, Julia Gillard and Kevin Rudd and ex Treasurer Jo Hockey. Jessica has worked as a journalist with Sky News Business, ABC 1, ABC's The Business, ABC24 and has also been a regional Channel 7 and 9 TV reporter with Prime7 and Win News.