MACA appoints new boss to succeed Tuckwell

Mining contractor MACA has appointed a new chief executive and manager director, with Doug Grewar set to take over from Chris Tuckwell in July.

Mr Grewar was recently general manager for Abigroup Mining Services, and holds more than 15 years of experience in the industry, working for some of the nation’s largest contracting groups, including Macmahon and Downer Mining.

“I am delighted that Mr Grewar has accepted the opportunity to take on this key leadership role with MACA,” chairman Andrew Edwards said.

“MACA has successfully transitioned from private to public ownership over the past two years.

“The appointment of such a high quality external candidate will lessen the reliance on the founders of the business and strengthen the executive team as the company continues its journey of sustainable growth.”

At close of trade today, MACA stocks were down 2.8 per cent, trading at $2.08.