Toll’s head of strategy to retire

The Toll Group has announced that long-time head of Strategy and M&A, Stephen Stanley, will retire, effective 30 June 2012.

“Stephen Stanley joined Toll Group in 1999 and has led the successful Toll internal Strategy and M&A team since that time,” said Toll’s Managing Director Elect, Brian Kruger.

“Stephen has been a key member of Toll’s senior executive team for more than a decade during which time the company has cemented its position as a leading global industry player. It’s fair to say that Stephen has been integral in the development of one of the most comprehensive acquisition strategies in Australian corporate history.

“Acquisition, integration and strong organic growth have been the three outstanding hallmarks of the Toll strategy over the last decade.

“The bold transition of an Australian company into a major international Group is a credit to a range of great Toll personnel and Stephen can certainly be proud of the key role both he and his team played in the globalisation of Toll,” Mr Kruger said.

Some of the highlights of Mr Stanley’s time at Toll Group have included the acquisitions of a half share in the key rail assets of Pacific National, Patrick, NZ Rail, Sembcorp, the acquisition of BALtrans and Summit, and the foundation of the Global Forwarding Division.

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