CWY
Price sensitive
Appointment of CFO and FY26 earnings update
Cleanaway Waste Management Ltd
Cleanaway Appoints New CFO and Provides FY26 Earnings Update
Key points
- Nigel Simonsz appointed as new CFO
- Paul Binfield steps down after five years
- FY26 underlying EBIT expected to be around $470 million
Full summary
Cleanaway Waste Management Limited (ASX: CWY) announces the appointment of Nigel Simonsz as Chief Financial Officer, effective 27 July 2026. Simonsz brings extensive experience from roles at United Petroleum, Sigma Healthcare, and Australian Agricultural Company. Paul Binfield, the outgoing CFO, will stay through the first half of FY27 to ensure a smooth transition. Cleanaway also updates its FY26 earnings expectations, anticipating underlying EBIT to be approximately $470 million, aligning with the midpoint of the previously provided guidance.
Guidance
FY26 underlying EBIT expected to be around $470 million
Outlook
Cleanaway is focused on executing Blueprint 2030 and ensuring disciplined capital allocation and cash generation.
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