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QR National announces major new appointment

QR National announces creation of new senior role of executive vice president and CEO coal customers and strategy

July 20, 2010

National transport and logistics company QR National today announced the creation of the new senior role of executive vice president and CEO coal customers and strategy to help better meet the needs of customers in the Australian coal market.

QR National Managing Director and CEO Lance Hockridge says Curtis Davies has been appointed to the role and will commence in mid-August.

“We are delighted to announce that we have been able to recruit a global executive for this role,” he says.

“Curtis will bring extensive experience and capability to this role courtesy of an impressive career in Australia and overseas.

“He is a senior and well-respected executive within the national transport sector.”

Davies worked for Qantas for a thirteen-year period from 1996 to 2009 in a number of senior executive positions including strategy, services and marketing. He also chaired the international oneworld alliance program during its launch.

Prior to Qantas Davies worked for KPMG in Sydney and London.

Hockridge says in creating this role QR National acknowledges the need to continue to materially lift its relationship capability with its key customer base.

“This will be a key role as we shift from a government-owned corporation to a publicly listed company environment,” he says.

“Curtis will report directly to me and work closely with our coal customers to continue to enhance business-to-business relationships as well as oversee the negotiation and implementation of customer and supplier agreements.”

Hockridge says Marcus McAuliffe will continue his work on the coal business reform as executive vice president and CEO, QR National Coal Operations.

“Both men will work together to provide first class, quality service to our customers to ensure we remain their best option for converting mined coal into delivered coal and helping grow the Australian resources sector,” he says.

The float of QR National on the Australian Securities Exchange is scheduled for late 2010. There are four core businesses in QR National – coal, freight, network services and operational excellence.

In 2008/09 QR National Coal carried more than 185 million tonnes of coal from 56 contracted mines for 23 customers in Queensland and New South Wales. Last financial year it generated more than $1.3 billion in revenue and ran more than 28,000 services.

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