Business
Ampol exec defection fuels renewed bid talk – The Australian Financial Review
Louise Warner, a highly experienced fuels industry executive who was overlooked for the CEO role, will join Ampol’s former takeover suitor Alimentation Couche-Tard.
The former Rio Tinto executive was initially appointed as interim CEO to steer the company through the $8.8 billion takeover approach before taking the job permanently in June.
Ms Warner will take six months of “gardening leave” before starting her new role, meaning she will be joining Couche-Tard just after the expiry of a 12-month “standstill” commitment which restricted the Canadian firm from buying shares in its target or poaching executives.
Couche-Tard walked away from the proposed $35.2…
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