Atlas appoints CEO and managing director

Atlas appoints CEO and managing director
Published: 05 July 2005

Atlas Group Holdings Ltd, Australia, has appointed Dr Martin Foreman as chief executive officer and managing director, effective from July 18, 2005.  Dr Foreman has previously held senior positions with cement and concrete materials group Holcim Ltd.  He will receive a salary of A$500,000 and a further cash bonus of up to A$500,000 based on increases in earnings per share. Dr Foreman has been granted 2,500,000 performance rights as a long term incentive.  Dr Foreman replaces retiring managing director Kym Godson, whose retirement was previously flagged. Mr Godson will remain as a non-executive director.