Matt Halliday confirmed as Ampol CEO
Fuels retailer Ampol, formerly Caltex, names Matt Halliday as CEO after a stint as interim boss following Julian Segal’s exit.
Fuels retailer Ampol has appointed Matt Halliday chief executive after a four-month stint as interim boss following the retirement of Julian Segal.
Mr Halliday, a former Rio Tinto executive, has capped a rapid rise after joining as chief financial officer in April 2019.
He will be paid a $1.65m base salary along with short-term incentives capped at 70 per cent of his salary.
Caltex Australia changed its name in May to Ampol, one of its predecessor companies that operated for decades in Australia
Ampol chairman Steven Gregg said it was the right time to make the CEO appointment.
“Matthew has done an outstanding job as interim CEO through a period of unprecedented disruption and demand destruction following the onset of COVID-19, taking strong action to protect our assets and market-leading position, optimise cashflows and ensure the continued safe and reliable operation of our business for employees and customers.”
Ampol was rebranded after using the Caltex name under licence from US giant Chevron, which has now re-entered the market through its Puma Energy acquisition.
The first Ampol sites will appear in Sydney and Melbourne in the second half of 2020 with a national rollout in 2021 and use of the Caltex name officially shelved by the end of 2022.
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