Transfield Services has appointed Graeme Hunt, its acting chief executive, to the top job
Transfield Services has appointed Graeme Hunt to the top job at the contractor.
Graeme Hunt had been its acting chief executive since Peter Goode’s recent departure.
Its chairman, Tony Shepherd, said it had become clear Hunt was the best candidate as Transfield carried out a search for a permanent appointment.
The construction and maintenance firm has also re-affirmed its full-year earnings guidance, after its first-quarter performance met expectations.
Transfield had previously forecast an operating profit at the lower end of a range of $125 million to $135 million.
"The outlook, though, for the remainder of FY13 is for softer market conditions, including a slowdown in the resources sector, falling discretionary expenditure in minerals exploration and development and delayed timing of some infrastructure opportunities," the company said.
Transfield recently secured $145 million worth of contracts including management of about 500 Boral sites across Australia, mine maintenance in Chile and maintenance on part of the Icthys liquefied natural gas (LNG) project in the Northern Territory.
Transfield Services operates in Australia and New Zealand, the Americas (comprising the USA, Canada and Chile), and the Middle East and Asia
(comprising the United Arab Emirates, Qatar, New Caledonia, Malaysia, the Philippines and India) and its business units include resources and energy,
infrastructure services and property and facilities management sectors.
