Alloy Steel International has appointed three new board members and a new chief executive officer. The new board members are Michael Minosora, David Mofflin and Brian McMaster while John Cleland is the new CEO.
Michael Minosora has been appointed chairman, replacing Gene Kostecki who has reigned from this position but remains as a member of the board and technical director.
Gene Kostecki says, “The company is cautiously optimistic of its growth prospects in the wear plate market with its range of Arcoplate products. We have identified these new board members and CEO to help grow the company and become a significant supplier in the world market for wear plate and anti hang-up material.
“These talented individuals provide a mix of technical and commercial resources as well as experienced governance skills. The Alloy Steel International team has done an excellent job to date and the new board and CEO will provide independent guidance for the company’s future development.”
Michael Minosora has more than 20 years experience in providing corporate advice to some of Australia’s largest companies. He was previously CFO of Fortescue Metals Group, MD of Azure Capital and chairman of the Ernst & Young Global Audit Executive Committee.
David Mofflin has extensive experience in the successful growth and management of businesses, both within Australia and overseas. He has spent more than 30 years in the engineering sector, covering areas including overall business management, strategic planning, technology commercialization, project management, construction, research and design. Before joining business and project advisory firm Evans and Peck, he was a director of WorleyParsons for more than 10 years.
Brian McMaster is a chartered accountant and has almost 20 years experience in the areas of corporate reconstruction and turnaround performance improvement. He is currently a partner in the national firm of KordaMentha and before this was a partner with Ernst & Young’s Corporate Finance practice.
John Cleland has extensive experience in CEO and other senior management and finance roles in a range of industries in Australia, Indonesia and the UK. He was previously CEO of WestNet Infrastructure Group, CEO of WestNet Rail and general manager finance of Australian Railroad Group, on secondment from Wesfarmers Ltd. During his 11 years with Wesfarmers, he also spent time in the corporate Business Development division, with Wesfarmers Transport in Perth and Indonesia, and with Wesfarmers Landmark.