TSE 5.50% $1.06 transfield services limited

News: Transfield exec resigns, review underway

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    Transfield Services Limited (ASX:TSE) Australia and New Zealand infrastructure business CEO Nicholas Yates has resigned to take up the position of BSA Limited (ASX:BSA) Managing Director.


     


    Mr Yates will leave Transfield at the end of February after seven years with the company.


     


    In announcing the resignation, Transfield also reiterated the company is finalising a review of its operating model.


     


    Transfield says it will release more details to the market when it announces its half year results on February 27.


     


    Transfield Services booked a net loss of $254.4 million in fiscal 2013. 

 
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