Caltex Australia (ASX:CTX) today announced that Managing Director and CEO, Julian Segal, has informed the Board of his intention to retire and will step down once a transition process has been completed.
He has been with the company for ten years and will continue to deliver the Caltex strategy during the search and transition process.
Milestones in Caltex’s transformation under Julian’s leadership include the closure of the Kurnell refinery, the establishment of Ampol Singapore, expansion into New Zealand and the Philippines and developing growth opportunities in international fuel sourcing and supply and in Australian convenience retail.
Caltex will deliver its 2019 half year results on 27 August 2019.
Shares in Caltex Australia (ASX:CTX) closed 1.31 per cent lower at $26.34 yesterday.