Nomad Building Solutions has appointed former Emeco Canada president Michael Bourke as the company's new managing director.
Nomad Building Solutions has appointed former Emeco Canada president Michael Bourke as the company's new managing director.
Mr Bourke replaces chief executive Alan Thomas who demoted himself in January after the company issued a profit downgrade which halved the value of its stock.
Richard Blair has been acting chief executive since Mr Thomas' resignation and now reverts to non-executive chairman of Nomad.
Mr Bourke comes to Nomad having worked as Industry Director Mining with AEMCOM, lluka and WMC Nickel.
See full announcement below:
Nomad Building Solutions Limited (Nomad) is pleased to announce the appointment of Mr
Michael Bourke to the position of Managing Director of Nomad effective immediately.
Details of Mr Bourke's Key Terms of Remuneration and Employment contract are included in
the attachment to this notice.
Mr Richard Blair who has been acting as Chief Executive while retaining his Chairman's role
of Nomad since January 2010 will revert to Non Executive Chairman of Nomad.
From his time recently as Industry Director Mining with AECOM, a leading global
engineering and project delivery company, Michael was instrumental in winning Mine
Infrastructure Asset projects in the hard rock and coal mining sectors in NSW, QLD and
Internationally.
As President of Emeco Canada, Michael managed the takeover of a small civil equipment
business and developed a mining fleet rental business working in remote areas of Western
Canada. This included building maintenance facilities in Fort McMurray for the Oil Sands
fleet and deploying mobile equipment and maintenance service capability across gas field
and coal businesses in Saskatchewan, British Columbia and Alberta.
Michael has been most recently managing a study proposal for Rio Tinto Alcan and Rusal's
Queensland Alumina Refinery in Gladstone looking at cogeneration capability options, gas
supply and electricity marketing potential in central Queensland.
For the past 25 years Michael has been involved in and responsible for managing regional
projects and assets across Australia through employment at senior management levels in
the following organisations:
As Business Planning Manager for WMC Nickel, Michael was responsible for mine
development programs at Kambalda, Leinster and Mt Keith as well as production
scheduling and quality control of Kalgoorlie smelter feed and refinery debottlenecking
at the Kwinana Nickel Refinery.
At Iluka as Executive General Manager Technical Services Michael's exploration
team discovered world class mineral deposits in the Eucla Basin in South Australia
and Michael was responsible for the early stage project development including
government, community and native title negotiations.
At WMC and Iluka Michael was appointed to roles to lead major cost reduction
programs. Michael led WMC's $1.70/lb nickel cash cost program in the 1990s and
Iluka's need to transition from high cost WA mines in the early 2000s saw Michael
again appointed to lead a companywide cost reduction and margin improvement
program.
On behalf of the Board, Mr. Blair welcomes Mr. Bourke with his experience in managing
large scale infra-structure projects in remote areas which will be an important step in the
rebuilding of Nomad.