Malcolm Ashcroft has been appointed as the new CFO of Downer EDI (ASX:DOW), an integrated service provider in Australia and New Zealand, starting by July 2023.
The integrated services company says Mr Ashcroft brings significant financial and senior executive experience from various industries and is currently the COO at G8 Education Limited.
He will replace Michael Ferguson, who has served as CFO since October 2016.
Downer EDI's share price is up 6% the past month.