FWD.ASX: Departure of Managing Director & CEO

Departure of Managing Director & CEO

Stock	Fleetwood Ltd (FWD.ASX)
Release Time	25 Nov 2025, 8:25 a.m.
Price Sensitive	Yes

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Fleetwood Ltd CEO Departs, Board Initiates Search

Key Points

Managing Director & CEO Bruce Nicholson has departed effective immediately
Board has initiated a comprehensive search process to recruit a new CEO
Chair John Klepec will assume CEO responsibilities as Executive Chairman during the interim

Full Summary

Fleetwood Limited (ASX: FWD) has announced that Mr. Bruce Nicholson has departed from the role of Managing Director & Chief Executive Officer, effective immediately. The Board of Directors has made this decision as part of its commitment to ensuring the Company's long-term success and alignment with strategic priorities. The Board has initiated a comprehensive search process to recruit a new Chief Executive Officer to lead the executive team. In the interim, the Chair of the Board, Mr. John Klepec, will assume the responsibilities of the Chief Executive Officer as Executive Chairman. The Company affirms that its operations, strategic initiatives, and commitment to delivering sustainable earnings growth and long-term value for all stakeholders remain unchanged.