Caltex Australia announce retirement of CEO and MD Julian Segal

Company News

by Rachael Jones

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.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.