United Petroleum has appointed a new CEO and CFO ahead of its expected float on the Australian Securities Exchange (ASX) later this year.
United Petroleum confirmed to C&I Week it has appointed Gary Brinkworth as CEO, while outgoing Tatts Group CFO, Neale O’Connell has been named the company’s new CFO.
Mr Brinkworth has previously held executive roles at Coles, Incitec Pivot Limited and BP in the US and UK. He was most recently CEO and MD of Barristers’ Chambers Limited. Mr O’Connell has been with Tatt’s Group for the past 12 years, serving as CFO for the last three years.
Mr Brinkworth will commence his new role from November, with Mr O’Connell to start from February 2017.
The fuel retailer is also in the process of assembling a board of directors which, as well as its founders, Avi Silver and Eddie Hirsch, will include Martin Hudson as chairman, and non-executive directors Tim Antonie and John Slack-Smith, with a further non-executive director to be appointed.
It is understood United Petroleum is planning to list of the ASX before the end of this year. Fairfax Media reported earlier this month that the company had filed documents with the Australian Securities and Investments Commission, with the intention to list before December 31.
United Petroleum is an Australian-owned company with 338 sites nationally operated by franchisees and commission agents.
Sign up to C&I’s free bi-weekly newsletter here to receive the latest industry news every Tuesday and Thursday. Follow C&I on Facebook, Twitter and Linkedin.
Really? Do these senior executives know what they are getting themselves in for? I will be keen to see how long Mr Brinkworth and Mr O’Connell last!
I have issues which I be treated very bad one of Petrol satiation ttandance