What executive leadership changes did Cleanaway Waste Management make?

Cleanaway Waste Management (ASX:CWY) appointed Nigel Simonsz as CFO to replace outgoing executive Paul Binfield. Simonsz will assume the role on July 27, while Binfield will remain with the company through the first half of FY27 to assist with the leadership transition.

What are the projected FY26 earnings for Cleanaway Waste Management?

Cleanaway Waste Management (ASX:CWY) stated that it expects to report an underlying EBIT of approximately $470 million for FY26. The company noted this forecast sits near the midpoint of the guidance range previously released to the market in April.

When will Cleanaway Waste Management release its full-year financial results?

Cleanaway Waste Management (ASX:CWY) is scheduled to report its complete FY26 full-year financial results on Aug. 20. The company stated that detailed segment metrics and performance updates will be published alongside this formal release.

How does the CFO appointment support the long-term strategy of Cleanaway Waste Management?

Cleanaway Waste Management (ASX:CWY) stated that the addition of Nigel Simonsz supports the ongoing execution of its long-term Blueprint 2030 strategy. The company highlighted that his experience across listed companies will assist with financial discipline, capital allocation, and cash generation.

How did the market react to the update from Cleanaway Waste Management?

Following the announcement, the share price for Cleanaway Waste Management (ASX:CWY) remained unchanged at $2.60. Investors maintained a neutral position as the company confirmed its full-year earnings expectations ahead of its official August reporting date.

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Cleanaway appoints CFO and expects $470M EBIT

Written by Heidi Cuthbert Published Jul 22, 2026, 2:31 AM

Cleanaway appointed Nigel Simonsz as CFO while reaffirming FY26 underlying EBIT guidance of approximately $470 million.
Following the announcement, investor attention turned towards the structured leadership transition and upcoming full-year financial reporting.
The executive change supports the ongoing execution of the company's long-term Blueprint 2030 growth strategy.

Cleanaway Waste Management (ASX:CWY) announced a leadership transition while forecasting $470 million in annual underlying earnings.

The projected figure sits near the midpoint of previous guidance provided to the market in April 2026.

"I am delighted to welcome Nigel to Cleanaway," said Cleanaway CEO Mark Schubert.

Incoming CFO Nigel Simonsz starts on July 27, while outgoing CFO Paul Binfield supports the transition through H1 FY27.

Following the announcement the Cleanaway share price was unchanged at $2.60 ahead of full reporting on Aug. 20.

The management update comes as the business continues executing its long-term Blueprint 2030 growth strategy.

Outgoing CFO Paul Binfield served over five years, guiding recent corporate acquisitions and financial discipline.

Cleanaway appoints CFO and expects $470M EBIT

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