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Outgoing Navitas boss Rod Jones (left) with his successor David Buckingham and Navitas chair Tracey Horton.

Buckingham to succeed Jones as Navitas boss

Having grown Perth-based Navitas from a start-up 23 years ago into a global education services provider and one of WA's top 10 listed companies, co-founder Rod Jones is handing the reins to former iiNet boss David Buckingham.

Mr Buckingham, who currently serves as chief financial officer of Navitas, will take over as chief executive from March next year, with Mr Jones to retain his duties as managing director for a further three months.

From July next year, Mr Buckingham will serve as both CEO and managing director.

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Navitas (NVT)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 29/09/17

1 year TSR5 year TSR
100thMonadelphous Group80%3%
137thRCR Tomlinson55%24%
147thAustralian Finance Group51%0%
171stAusdrill41%-3%
438thNavitas-9%5%
719 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

04/08/17
$21k Bought
11/05/17
$31k Bought
08/05/17
$9k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

7th↑RCR Tomlinson$1,294.6m
8th↓Monadelphous Group$1,252.1m
9th-Navitas$967.8m
10th↑Ausdrill$783.5m
11th↑Australian Finance Group$573.4m
232 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Navitas

41stRod Jones$1.257m
262ndRob Lourey$503k
508thDavid Buckingham$288k
Ranked by total remuneration from all listed WA companies

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