Toll's takeovers man to go next year


Stephen Stanley, the man Paul Little entrusted with Toll’s vaunted takeover strategy over the past decade, will leave the firm on June 30, the firm says today. Having arrived in 1999 as head of development in his late 30s, Stanley bows out as Director of Strategy, Mergers and Acquisitions having been involved with some of the pivotal purchases in the company’s as it grew from a domestic trucking and logistics giant to a global transport and freight forwarding power. There was no mention of a successor.

By Rob McKay | December 14, 2011

Stephen Stanley, the man Paul Little entrusted with Toll’s vaunted takeover strategy over the past decade, will leave the firm on June 30, the firm says today.

Having arrived in 1999 as head of development in his late 30s, Stanley bows out as Director of Strategy, Mergers and Acquisitions having been involved with some of the pivotal purchases in the company’s as it grew from a domestic trucking and logistics giant to a global transport and freight forwarding power.

There was no mention of a successor.

Toll nominated his career highlights as including:

  • the key rail assets of Pacific National
  • Completing the Patrick purchase
  • NZ Rail
  • Sembcorp in Singapore
  • BALtrans and Summit and the foundation of its Global Forwarding Division.

"Stephen has been a key member of Toll’s senior executive team for more than a decade during which time the company has cemented its position as a leading global industry player," Managing Director-elect Brian Kruger says.

"It’s fair to say that Stephen has been integral in the development of one of the most comprehensive acquisition strategies in Australian corporate history.

"Acquisition, integration and strong organic growth have been the three outstanding hallmarks of the Toll strategy over the last decade.

"The bold transition of an Australian company into a major international group is a credit to a range of great Toll personnel and Stephen can certainly be proud of the key role both he and his team played in the globalisation of Toll."

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