Sydney-based building and construction materials company Boral yesterday appointed Australian expatriate Mark Selway as the company’s new CEO.
Selway was selected ahead of a number of internal candidates, Boral said. He will assume the role on January 1, replacing current CEO Rod Pearse who is retiring after 10 years at the helm.
Selway has been the CEO of Scottish engineering business Weir since 2001. Weir has an annual turnover of around $3 billion, and over 9,000 employees in 42 countries.
“I am excited about the prospect of leading Boral. These are tough markets and the
macroeconomic environment is challenging, but Boral is an outstanding business,” Selway said.
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