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Sudden CEO switch at AusGroup

John Sheridan has made a quick exit from AusGroup, with the engineering contractor announcing today he would be replaced by former boss Stuart Kenny as chief executive after just three years.

Mr Kenny previously served as managing director and chief executive of the group for four years until January 2008.

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Comments

Perth
There seems to be an intriguing trend, in resources, energy and now engineering businesses where chairman, non-exec, directors and senior executives leave suddenly? The common thread is foreign ownership, even when it not a majority. Be very careful!

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Employees

5th-SNC-Lavalin1,600
6th↑CivmecNFP
7th↓AusGroup1,500
8th-John Holland1,334
9th↑Hertel Modern1,300
94 contractors ranked by total staff in WA

Engineers

40th↑SRK Consulting50
41st↓Norman Disney & YoungNFP
42nd↑AusGroup49
43rd-PDC48
44th-Atkins Australasia48
142 engineers ranked by number of engineers in WA

Employees

1st-AusGroup1,500
2nd-BGC1,206
3rd-Midland Brick350
4th-Cockburn Cement310
5th-Orontide280
76 manufacturing ranked by total staff in WA

Number of Employees

Engineers

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