Paperlinx appoints David Lamont new chief financial officer
Nov 21, 2005. Mr. Thomas Park, managing director and chief executive officer of PaperlinX Limited, announced on Monday that Mr. David Lamont has been appointed chief financial officer of the company effective in February 2006 to succeed Mr. Darryl Abotomey.
Nov 21, 2005. /Lesprom Network/. Mr. Thomas Park, managing director and chief executive officer of PaperlinX Limited, announced on Monday that Mr. David Lamont has been appointed chief financial officer of the company effective in February 2006 to succeed Mr. Darryl Abotomey.
David Lamont joins PaperlinX from BHP Billiton where he is chief financial officer of the Carbon Steel Materials Group with sales of $7.6 billion. Prior to joining BHP David was CFO of Incitec Limited. Following 4 years as a chartered accountant with Deloitte, Haskins and Sells, David joined Orica Limited (formerly ICI Australia Ltd) in 1989. After various senior finance roles, including as CFO of a number of businesses, he left Orica in 2001 to join BHP Billiton. He has a bachelor of commerce from Deakin University and is a member of the Institute of chartered accountants.
“We are very pleased that David Lamont will be joining the PaperlinX team.” Mr. Park said. “David has extensive experience as a CFO within two of Australia’s largest and best international companies.” Mr. Park said. “David’s leadership and experience will be an excellent addition to our already very strong management and financial teams.”
Mr. David Lamont's predecessor Mr. Darryl Abotomey will resign as a director and chief financial officer of the company on 1 January 2006.
Darryl Abotomey originally joined Amcor Limited in 1979 and held various senior executive positions in Australia and the United States of America. In 1999 he was part of the team that prepared and subsequently successfully demerged PaperlinX from Amcor. Darryl has held the position of CFO since the establishment of PaperlinX in 2000.
PaperlinX’s chairman, Mr David Meiklejohn, thanked Darryl for his twenty six years service and in particular his significant contribution to PaperlinX, including the substantial role he played in the strategic development and growth of PaperlinX.
Mr. Tom Park, Chief Executive Officer of PaperlinX added, “I would also like to thank Darryl for all that he has done for PaperlinX and wish him well for the future.”
In recognition of the extensive knowledge Mr Abotomey possesses regarding the affairs of the company, he will be on paid leave until 30 June 2006 before ceasing employment with the company on 1 July 2006. At this time Mr. Abotomey will be paid all statutory entitlements and 12 months payment in accordance with his employment contract. He will also receive his accrued superannuation benefits. Mr. Abotomey will be available to assist with the transition period.
PaperlinX is the world's leading fine paper merchant and Australia's principal manufacturer of quality communication and packaging paper.