VDM chief executive Dongyi Hua has moved to a part-time role, focusing on the growth of the company's mining division.

VDM names new CEO

VDM Group shares surged on news the company’s chief executive has stepped aside, with former BGC Contracting manager Sam Diep to take the helm.

Dongyi Hua, who has served as VDM’s chief executive for nearly three years, will transition to a part-time role as the company’s executive director, mining, and will focus on the growth of the business’s mining division.

Replacing Mr Hua, Mr Diep will join the company at the end of the month to become VDM’s new CEO.


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VDM Group (VMG)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/17

1 year TSR5 year TSR
133rdVDM Group100%-29%
148thFastbrick Robotics86%79%
456thQuantify Technology Holdings0%-69%
568thNorwood Systems-17%0%
727 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$172k Bought
$30k Bought
$4.0m Bought
Total value as at the date of the transaction
Source: Morningstar


135th↑Norwood Systems$1.6m
137th↓VDM Group$1.4m
138th-Quantify Technology Holdings$1.4m
139th↑Fastbrick Robotics$1.3m
231 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from VDM Group

341stDongyi Hua$393k
680thPadraig O'Donoghue$207k
1232ndHiuMing Luk$65k
Ranked by total remuneration from all listed WA companies

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