Atlas Arteria CEO Graeme Bevans to step down
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The news: Toll road operator Atlas Arteria says CEO and managing director Graeme Bevans has notified the board of his intention to retire.
The numbers: Bevans, who has been in the role since 2018, will stay on until a replacement has been appointed to ensure an orderly transition. He has a 12-month notice period.
The context: The company did not provide any specific reason for the retirement. It said a global search for his replacement will be undertaken.
Atlas Arteria, which owns and operates five toll roads in the US, France and Germany, reported a lift in full-year net profit in February, with traffic increasing on most of its toll roads.
The source: ASX announcement
