Prime Mover Magazine

K&S searches for new CFO

Road freight specialist, K&S Corporation, has announced the departure by mutual consent of its Chief Financial Officer, Wayne Johnston.

Johnston, who replaced long standing servant Bryan Walsh, had been with the company since October 2018.

He completed his term as CFO officially on 16 December.

Johnston had, prior to this, held senior roles with Spicers, PaperlinX, Symbion Health and Mayne Group.

In a brief statement K&S said it had commenced a recruitment process to appoint a new Chief Financial Officer.

"The Board thanks Mr Johnston for his contribution over the past 14 months and wishes him well for the future," it said.

K&S maintains facilities and a resource base that includes one of the largest company owned and operated fleets in Australia, 22 national depots including state-of-the-art depots at Truganina in Victoria and Kewdale in Western Australia, with over 160,000 sqm of other state based warehousing and over 1,700 multi modal rail and sea containers.

The company is considered one of the largest independent rail freight forwarders in Australia and also one of the largest users of coastal shipping.

In other news, K&S released a performance update.

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