NRW founding chief resigns
LOUISE BURKEThe West Australian
Fri, 14 May 2010 9:38AM
The founding managing director and chief executive of WA civil and mining contractor NRW Holdings, Jeffrey McGlinn, has resigned.
NRW said Mr McGlinn had advised NRW of his intentions to step down from the board and his executive position to pursue "other personal and private business interests".
Chief operating officer Julian Pemberton will replace Mr McGlinn as chief executive.
Mr McGlinn has been with NRW for 16 years, since it was established in 1994.
NRW chairman Ian Burston said he played a major role in the company's growth in that time.
"Jeff co-founded the company with one dollar and helped grow it into a $500 million, publicly listed company on floating in 2007, servicing some of the world's biggest mining companies," Mr Burston said in a statement.
Mr McGlinn said he would remain a major shareholder in NRW "for the foreseeable future".
NRW shares last traded at $1.41.
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