Bapcor names former Orica executive Kim Kerr as new CFO
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The news: Auto parts supplier Bapcor has named former Orica finance boss Kim Kerr as its new chief financial officer.
The numbers: Kerr will take on the role effective 12 May and will replace outgoing CFO George Saoud, who announced his resignation in February.
Bapcor shares were up 1% to $5.13 in early trading on the ASX.
The context: The company said it finalised Kerr’s appointment after an extensive search. Kerr has more than 25 years of experience of working in ASX 100 listed companies in mining, manufacturing, chemicals and digital solutions sectors, and was most recently the CFO of Orica.
Bapcor, which operates a network of 1100 stores across the Autobarn, Autopro and Burson brands, has faced continuing leadership turmoil over the past year.
The source: ASX
