AUCKLAND, NZ: MOVE Logistics Group Limited (ASX: MOV) introduced the appointment of Craig Evans as Chief Executive Officer.
Craig Evans will commence the role from 1 February 2023.
Craig has had a stellar profession within the logistics sector, together with 35 years at Mainfreight, with the final six years as Mainfreight’s New Zealand nation manager. Prior to this, he was with Freightways for 4 years.
Chair of MOVE, Lorraine Witten, said: “Craig was a stand-out candidate for the role. He has an indepth knowledge and a extremely profitable track record within the logistics sector and is a confirmed chief and team builder.
His ardour for the industry and management skills were evident all through the recruitment course of and the Board is delighted he has accepted the chance to become MOVE’s CEO.
MOVE has undergone a transformation over the previous year and Craig’s energy and expertise is a welcome addition for the subsequent phase, as we proceed to strengthen the business’ basis and advance MOVE’s growth technique into existing and new opportunities.”
Craig said: “I’m actually excited to be taking on the role of CEO and to lead this 153-year old iconic New Zealand firm right into a brand new and dynamic growth phase.
MOVE Logistics is currently transforming right into a extra modern and future focused business, with a fantastic team of talented people, a digital transformation underway and thrilling new initiatives in shipping and sustainable transport.
I’m looking ahead to working with the team to unlock the potential for MOVE throughout Australasia.”
Craig’s appointment follows a complete search course of to identify the most able person to construct on MOVE’s growth technique and realise its imaginative and prescient of being the best freight and logistics firm in Australasia and a chief in sustainable logistics solutions.
Following a transition period, executive director Chris Dunphy will step again from day to day administration of the enterprise however will stay an active member of the Board.
As CEO, Craigs’ remuneration will consist of a base salary, commensurate with his expertise and industry benchmarks. In addition, Craig will take part in a lengthy run incentive plan for 1 million MOVE shares that vest in three years’ time.
To this effect, restricted share units will be issued to Craig on 1 February 2023. This lengthy run incentive plan is designed to additional align the pursuits of the CEO and shareholders and encourage lengthy run decision making.