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Hills appoints new CEO

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article image Mr Grant Logan

Hills Limited announces the appointment of Mr Grant Logan, the current Hills Chief Operating Officer as the new CEO with immediate effect.

The Board of the Company and Group Managing Director and CEO, Mr Edward (Ted) Pretty have reached agreement that Mr Pretty will leave the company and Mr Logan will take over as the new CEO.

According to Hills Chairman Ms Jennifer Hill-Ling, Ted has led Hills through its transformation from a diversified holding company to a technology business focused on security, AV, audio, communications and health. Having recently reviewed and refined the Company's strategy, the Board is committed to consolidating its existing businesses and growing, both organically and by acquisition, within Australia and New Zealand.

After discussing the refined strategy with Ted, the Board has decided on a change in executive leadership. Ted leaves the Company with a strong balance sheet, a simplified business model and the gratitude of the Board.

Mr Logan joined Hills four years ago as Chief Financial Officer (CFO) and was appointed Chief Operating Officer in February 2015. He has served in a number of executive roles in both Australian public companies as well as global multinationals including as Chief Financial Officer at Corporate Express; Chief Financial Officer at Goodman Fielder; Chief Executive Officer at Philips Electronics; and Chief Financial Officer at Bayer Limited.

Commenting on the appointment, Ms Hill-Ling said Grant’s previous role as COO will help him transition seamlessly into the role of Chief Executive Officer. In addition to extensive operational experience, he also has proven abilities in negotiating and completing complex financial transactions, particularly mergers and acquisitions.

Mr Logan has also built a broad array of relationships with international and domestic analysts, key shareholders and other major business influencers that will be essential for Hills’ future success. 

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