Lippiatt cements position as Aurizon CFO

Recently acting chief financial officer made permanent

Lippiatt cements position as Aurizon CFO
George Lippiatt


Listed rail freight operator Aurizon has locked in George Lippiatt to the position of chief financial officer and group executive strategy.

Lippiatt has been with Aurizon for seven years, more recently as head of strategy and corporate development after vice presidential roles in strategy and sustainability.

He had been acting CFO since March this year.

Lippiatt also has infrastructure and finance experience at KPMG and Suncorp Bank, holds a Bachelor of Commerce, is a Chartered Financial Analyst (CFA) Charterholder and a Certified Practising Accountant (CPA).

Aurizon CEO Andrew Harding says Lippiatt was selected after an internal and external recruitment process.

How Aurizon dealt with the earlier stages of Covid-19, here

"George is a highly capable individual with excellent experience," Harding says.

"He has held a number of senior roles since joining us in 2013, most recently as head of strategy and corporate development.

"In this role he has worked closely with the board and senior management to evaluate and execute a number of major strategic reviews, transactions, structural changes and transformation programs.

"Most recently he successfully led the refinancing of Aurizon Network’s bank facilities, extending the maturity to 2023-25 and increasing the facility size to $1.3 billion, an increase of $420 million.

"George has 15 years’ experience in corporate finance, strategy and sustainability and will be an asset to the senior management team at Aurizon."

Listed Aurizon’s full year financial report is set to be announced August 10.


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