Amotiv Announces CEO Succession Plan
Key points
- Graeme Whickman stepping down as CEO in December
- Led Amotiv for eight years, overseeing significant growth
- Transition process includes consultancy services until February 2027
Full summary
Amotiv Limited (ASX: AOV) announced that Graeme Whickman, Managing Director and CEO for eight years, will step down in December as part of a planned CEO succession process. Under his leadership, the company experienced substantial growth, including a 2.5 times increase in automotive revenue and underlying EBITA, and significant operational improvements. The Board has initiated a comprehensive process to identify a new Managing Director & CEO. Whickman will cease being a director on 18 December 2026 and will provide consultancy services until 11 February 2027, with a pro-rated Short-Term Incentive opportunity for FY27.
Outlook
Amotiv is well positioned for future growth and value creation for shareholders following the leadership transition.
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