Logistics News

Aurizon taps Poole to replace Prescott as chairman

New man comes with strong rail, finance and mining credentials

 

Rail-focused intermodal operator Aurizon has gone for experience in its choice of Tim Poole as chairman.

Poole was chairman of Asciano in its formative stages of 2007 to 2009 and has held top positions across mining, finance and healthcare.

“He has an outstanding track record in operationally and financially complex businesses,” outgoing chairman John Prescott says.

“He is highly experienced in large capital intensive projects, multi-national joint ventures and corporate finance, particularly in infrastructure and regulated industry environments.

“Tim’s success in leading large institutional investment organisations reflects both his strategic insight and analytical skill as well as a strong focus on good corporate governance and creating value for shareholders.”

Poole takes the role on September 1.

“I am delighted to be joining Aurizon as it enters the next stage of development,” he says.

He is currently chairman of the investment committee of AustralianSuper, chairman of infrastructure debt investor Westbourne Capital and of Lifestyle Communities Ltd.

He is also a non-executive director of Newcrest Mining, McMillan Shakespeare and Japara Healthcare.

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