Austal appoints Bellamy as CEO

Henderson ship builder Austal has named Andrew Bellamy as its new CEO, moving him up the ranks from chief operating officer of the Australian business to the fill the void left by Bob Browning.

See the full announcement below:

Austal Limited Chairman, John Rothwell, today announced that effectively immediately, Andrew Bellamy will assume the role of Chief Executive Officer of Austal Limited and has been appointed to the Board. Mr Rothwell will resume his role as Non Executive Chairman of the Group.

Mr Bellamy joined Austal in 2008, initially in the capacity of Head of Global Sales and Marketing. In this role, Mr Bellamy had responsibility for the Sales and Marketing function across all Austal's international businesses, including the strategically significant US operations.

In 2010, Mr Bellamy was appointed Chief Operating Officer of Austal's Australian businesses and has overseen the growth and expansion of Austal's international network of locations at a time of significant turbulence in global markets.

Mr Rothwell commented that the Austal Board is delighted to confirm Mr Bellamy's appointment as Chief Executive Officer and welcomes him to the Board.

"We are confident that his mix of skills and experience are ideally suited to lead the Group through this next exciting chapter in our Company's evolution."

Mr Bellamy commented that he looked forward to the additional opportunities and challenges the role will provide.

"During my time at Austal, the company has enhanced its reputation as a leading designer and manufacturer of innovative aluminium vessels, particularly in the defence sector, managing to secure significant long term defence contracts, resulting in work in hand worth $1.2 billion."

"I am proud to continue my involvement in this dynamic company, and look forward to further developing Austal's capabilities, product offerings and potential.