Musical chairs: Latimore walks from Bowen as big business names head for door
Matthew Latimore has quit the board of Bowen Coking Coal, a company in which he owns almost 5 per cent of the stock, and set out to find a new path as a wave of big-name resignations and appointments were announced this week.
Latimore has been a major force behind Bowen Coking Coal. The Ferrari-loving coal magnate, estimated to be worth about $450 million, is also the founder and managing director of trading company M Resources, which markets Bowen’s coal and recently opened an office in Singapore.
Bowen said the marketing activities done for it by M Resources would be unaffected by Latimore’s departure.
Bowen said Latimore was leaving to pursue other business interests. He had been on the board since 2020.
Former AWU national secretary Daniel Walton was another big-name appointment this week. He announced he would be starting a new role as group executive, strategy and growth, with Brisbane-based EML, a company that has been through turmoil in the past year as it tried to sort out governance problems in Ireland. It also dumped its chief executive, Emma Shand, earlier in the year.
Walton said he couldn’t wait for the new challenge ahead after seven years at the head of the AWU.
You might like
Walton’s appointment would give EML an obvious link to Labor governments and Treasurer Jim Chalmers has been reported as saying Walton was someone “whose advice I’ve relied on really heavily over a long period of time”.
Traffic management company Avada has appointed Neil Scales as a non-executive director.
Scales was previously the director general of Transport and Main Roads and major target of the militant CFMEU, which has a lot of sway in the Palaszczuk Government. His time at the head of the department came to an end earlier this year after years of fighting with the union which posted a media release saying: “Don’t let the door bang you on the arse on your way out.”
Avada chair Lance Hockridge said Scales’ experience in the transport industry was second to none.
Stay informed, daily
Former Resources Minister Anthony Lynham has been appointed as chair of State Government’s Workcover.
Lynham is also chair of Gladstone Ports and clinical director at trauma research organisation, the Jamieson Trauma Research Institute.
Jon Davies has also been appointed to the newly-formed National Construction Industry Forum as one of six employer representatives.
Davies is also the chief executive of the Australian Constructors Association.
He said given the opportunity the NCIF presents to address some of the pressing issues facing the construction industry at this time.
Claire Dupre has finished her role as head of the Queensland chapter of the French-Australian Chamber of Commerce and Industry.
She had been with the group for 10 years, which included 250 events. Myriam Robillard has taken over the role.
