BlueScope adds long-time exec John Nowlan to board, Peter Alexander retires
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The news: Australia's largest steelmaker BlueScope has announced the retirement of non-executive director Peter Alexander from its board.
The company also confirmed that long-time executive John Nowlan will stand for election as a non-independent, non-executive director.
The context: Nowlan will stand for election at BlueScope's upcoming annual general meeting, following his recent retirement from his executive position after nearly 50 years at the company. His most recent role was BlueScope's chief technical and development officer.
What they said: On Alexander's retirement, BlueScope chair Jane McAloon commented: "Since his appointment to the board in September 2022, Peter has brought thoughtful perspectives and deep industry knowledge, especially in relation to North American building and construction markets".
On Nowlan's appointment, McAloon said: "Beyond his extensive operational expertise in steelmaking and manufacturing, John will help maintain BlueScope's institutional memory, an asset that will greatly benefit the board during the company's next phase of growth and strategic execution".
The source: ASX
