Ausdrill has advised that longstanding chair Terry O'Connor will be stepping down from the board, and current deputy chair Ian Cochrane will take over as chair.
Ausdrill's long-serving chairman, Terry O'Connor, has announced he is handing over the reins to his deputy Ian Cochrane later this year, putting to rest a 24-year career with the mining services business.
Alan Bishop has spent 40 years building insurance broker EBM into a national player and worked through many business cycles over that time, but arguably none as tough as the current conditions in Western Australia.
Former corporate lawyer Ian Cochrane has joined the board of Ausdrill as deputy chairman, adding to a suite of board positions on the private companies of some of Perth's wealthiest families.
Ausdrill managing director Ron Sayers says he no longer plans to step down from the role next year, despite the prospect he could face a retrial on tax fraud charges.
Fortescue Metals Group Ltd has extended a drill and blast contract with Ausdrill Ltd in a deal that will generate the mining services company over $300 million in revenue over five years.
