Devonport named as Toll's new CFO


Toll looks internally to fill position of chief financial officer, turning to Grant Devonport from its global resources division

November 4, 2011

Toll has looked internally in filling the position of chief financial officer, turning to Grant Devonport from its global resources division.

Devonport has worked at Toll for five years and has also had stints at Village Roadshow and National Australia Bank. Prior to being appointed the commercial manager for the global resources division, he spent two years as the chief bean counter for Toll New Zealand.

Managing Director Elect Brian Kruger, formerly Toll’s CFO, credited Devonport for playing a key role in the acquisition of Mitchell Corporation, the development of Toll’s offshore petroleum services in Singapore and contract wins in the LNG sector in eastern Australia.

"Announcing Grant as the new CFO fills another key role in my senior team and I am pleased that, following an extensive search, the best candidate was an internal appointment," Kruger says.

Devonport took on the role of acting CFO in September when Kruger was announced as Little’s replacement. Little will step aside on January 1 next year.

"Grant brings a wealth of experience, enthusiasm and leadership to the group CFO role. The senior executive leadership team and I are looking forward to working even more closely with grant in the future," Kruger says.

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