Brambles Limited has announced that its Chief Financial Officer (CFO), Zlatko Todorcevski, has informed the Board of his intention to retire from the Company and from full-time corporate life. Todorcevski is expected to remain with Brambles until February 2017 through the selection of a successor and to assist in the transition to a new CFO. The Board is shortly expected to begin a global search process to review potential internal and external candidates for the role.
Todorcevski said of the announcement, “I have thoroughly enjoyed my time at Brambles and I am proud that, by the time I step down next year, I will have been associated with the company for 4½ years, during a period when we have consolidated our long-term strategy and implemented significant financial and operating efficiencies.” He added, “I believe that now is the right time to finalise this decision and allow the Board to focus on recruiting my successor. Brambles has excellent people and I would like to thank the Board, Tom and my colleagues both on the Executive Leadership Team and the finance team for their support during my time with the Company.”
Source: Brambles Limited
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