Business
Adani Mining CEO Lucas Dow steps down – The Australian Financial Review
Mr Dow has suddenly stepped down from the top job only a year before the first coal is expected to be exported from the mine.
In his time in the top job, Mr Dow, a former BHP Billiton executive, was more than happy to roll up his sleeves and take on environmental activists who opposed the project as well as the Palaszczuk Labor government which was lukewarm on the project before the 2019 federal election.
But other sources said Mr Dow’s abrasive style had started to wear thin with the parent company in India and he was pushed to the side.
“It’s pretty unusual in the mining industry to punt a chief executive and then keep him there,” a source formerly close to Adani told AFR Weekend.
“Adani’s way is you don’t get sacked, but pushed sideways.”
However, another former mining industry executive said Mr Dow was being rewarded for a “job well done”.
“He took the project from being dead and buried and got it through,” he said.
Adani Australia posted the news on its Facebook page after Mr Dow visited the Townsville office on Thursday to thank staff. It only released a statement after being contacted by media.
“Under his
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