Gladstone Ports Corporation CEO Leo Zussino will step down from his position at the end of August this year
February 15, 2013
Gladstone Ports Corporation (GPC) CEO Leo Zussino will step down from his position at the end of August this year.
GPC Board Chairman Mark Brodie says the corporation will soon commence the search for a new leader with the intention of having an interim CEO in place by June.
Zussino, who has had a 21-year career with Gladstone Ports Corporation, will work alongside the new CEO until his contract expires to ensure a smooth transition.
Starting at Board Chairman Zussino was appointed CEO in 2000.
He is credited with the implementation of strategies resulting in strong growth for the corporation and paving the way for it
to successfully deal with what is anticipated to be a significant increase in trade through the port in the coming years.
During his association with the Gladstone Ports Corporation, Zussino also served as President of Ports Australia, Chairman of the QLD Ports Association and Chairman of the Gladstone Economic and Industry Development Board.
He is currently Chairman of the Australian Maritime Safety Authority.
“Leo’s passion and determination towards his role is well known and to this end, he has placed Gladstone Ports Corporation in a strong position going forward,” Brodie says.
According to the Sydney Morning Herald, Queensland Premier Campbell Newman has said the Gladstone Ports Corporation board ‘‘chose not to renew’’ Zussino’s contract.
The SMH reports Zussino, a long time Labor party supporter, survived the port’s administrative and managerial revamp in June last year, when Newman sacked the corporation’s then chairman, Ian Brusasco, and appointed a new board of directors.
At the time in parliament, Newman had flagged ‘‘comprehensive changes’’ at the government-owned corporation claiming financial and environmental mismanagement.
Zussino’s tenure as CEO will conclude on 31 August 2013.