Ampol announces CEO

Ampol has appointed Matthew Halliday as its Managing Director and CEO.

“The Board believes it is the right time to make this permanent appointment, having formed a view that Matthew is the right person to lead Ampol into the future,” says Ampol Chairman Steven Gregg.

“Matthew has done an outstanding job as Interim CEO through a period of unprecedented disruption and demand destruction following the onset of COVID-19, taking strong action to protect our assets and market-leading position, optimise cashflows and ensure the continued safe and reliable operation of our business for employees and customers.

“He is an experienced executive who is highly respected by the market and by his colleagues. I am confident that his skills, knowledge of the business and track record over the last year position him well to succeed.”

Mr Halliday joined Ampol in April 2019 as Chief Financial Officer and was appointed Interim CEO with effect from 2 March 2020.

According to Ampol, Mr Halliday brings significant ASX-listed company experience in Australia and overseas. Prior to joining Ampol, he spent 20 years with Rio Tinto, holding senior finance and commercial roles across several divisions and geographies.

“It is an honour to be appointed to lead this great Australian company on a permanent basis,” says Mr Halliday.

“When we emerge from COVID-19, we will be well positioned to leverage our market-leading assets and strong balance sheet to continue the successful execution of our strategy and find new opportunities to deliver value to shareholders.

“It is an exciting time for our company as we continue the revitalisation of the Ampol brand. Ampol is a proudly independent Australian company and we are committed to playing a leading part in our country’s future.

“We will remain focused on operating safely, delivering for customers and being a positive contributor in our local communities.”

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