Company News Summary | 25 Nov 2019

Click the print icon in your browser to print this report. Currency is in AUD unless otherwise specified

Imdex Announces Mr. Paul House as Incoming CEO and Key Contractual Terms

09:03:00 | Associate analysts

Original annuncemenet:Mr P House Incoming CEO and Key Contractual Terms

Imdex announced that Mr. Paul House will be appointed CEO, following Mr. Bernie Ridgeway's retirement on 1 July 2020. Mr. Ridgeway, who commenced as MD in 2000, announced his intention to retire on 19 August 2019. Since that time its Board has undertaken an exhaustive search for the ideal CEO, considering internal and external candidates. A long-term incentive (LTIP) grant up to a maximum of 50% of salary in the form of performance rights in the capital of the Company (Performance Rights).

This report appeared on 2021 Morningstar Australasia Pty Limited

© Copyright 2021 Morningstar Australasia Pty Ltd ABN: 95 090 665 544 ("Morningstar"), AFSL no 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").

DISCLAIMER: To the extent that any of the content above constitutes advice, it is general advice that has been prepared without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain appropriate financial, legal and taxation advice before making any financial investment decision. If applicable, investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Please refer to our Financial Services Guide (FSG) for more information at FSG or phone Morningstar on 1800 03 44 55 to request a copy. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for any use or distribution of any of this information

DISCLOSURE: Employees may have an interest in the securities discussed in this report.