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.
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Kruger sees no end to Toll acquisitions
Toll Holdings incoming chief executive Brian Kruger will continue with the company’s aggressive acquisition strategy once he officially takes the title in January, he has told ATN.
Kruger, who has already settled into the company’s outgoing boss Paul Little’s office, says the company is proactively looking for acquisition opportunities in the global forwarding sector.
“If we see a good opportunity come on the market and we think we can get value from a market-related synergy or cost-related synergy or utilisation benefits, then we’ll obviously have a look at it,” Kruger says.
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Kruger, who has already settled into the company’s outgoing boss Paul Little’s office, says the company is proactively looking for acquisition opportunities in the global forwarding sector.
“If we see a good opportunity come on the market and we think we can get value from a market-related synergy or cost-related synergy or utilisation benefits, then we’ll obviously have a look at it,” Kruger says.
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Challenging conditions confront new Toll MD
Challenging conditions confront Toll, but its new managing director says the business is well-placed to prosper and continue acquisition drive
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Thanks Paul, here’s $1.5m for your efforts
Toll Managing Director Paul Little will receive more than $1.5 million upon leaving the business on January 1 next year
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Little unfazed by share market, but not sold on carbon tax
Outgoing Toll Managing Director Paul Little says the business is well-placed to ride out an unsteady share market
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Kruger gets the nod to replace Paul Little at Toll
Toll CFO Brian Kruger will take over from outgoing Managing Director Paul Little
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Toll primed for aggressive competition after latest acquisition
Toll extends reach into Germany with takeover of ocean forwarder to aggressively compete with its rivals
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Toll announces new chief financial officer
Toll Holdings appoints former BlueScope Steel and BHP Billiton executive Brian Kruger as its chief financial officer
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