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MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  AMP Limited    AMP   AU000000AMP6

AMP LIMITED

(AMP)
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AMP Limited : announces new Board appointment

11/06/2020 | 04:46am EST

AMP Limited today announces the appointment of Kathryn (Kate) McKenzie as an independent, non-executive director to the AMP Limited Board effective 18 November 2020.

Ms McKenzie brings extensive experience to the AMP Board, with more than 25 years in Board and senior executive leadership roles. She is currently a non-executive director of NBN Co. and Stockland and has previously served on the boards of Allianz Australia, Foxtel, Telstra Ventures, Sydney Water and Workcover.

Ms McKenzie was the Chief Executive Officer of Chorus, the New Zealand telecommunication group, listed on the ASX and NZX, from February 2017 to December 2019. Prior to this, she held several executive roles at Telstra, including as Chief Operating Officer, and senior roles with the NSW Government in the Department of Commerce and Department of Industrial Relations.

AMP Chair Debra Hazelton commented:

'Given her wide range of Board and business leadership roles, Kate will bring strong expertise and insight to the AMP Board.

'She has a track record of leading change within the organisations she has worked, including cultural change, as well as managing diverse stakeholders across government, communities, investors and employees. Through her career as both an executive and non-executive director, she has earned a reputation for integrity, great judgement and building collaborative and effective teams. We look forward to her valued contributions on the Board as we transform AMP.'

Kate McKenzie biography:

Kate has extensive senior leadership experience from more than 25 years' in a diverse range of roles including as Chief Executive Officer of Chorus Limited in New Zealand and Chief Operating Officer of Telstra Corporation in Australia. She has gained significant Board experience in parallel with her executive career and has a passion for innovation.

She has expertise in both business-to-business client understanding as well as retail/consumer understanding given her roles at Chorus and Telstra and has led transformation programs throughout her career. Kate is a qualified solicitor and a member of Chief Executive Women (CEW) Australia.

Contact details

Lachlan Johnston

+61 466 026 702

lachlan_johnston@amp.com.au

Contact details

Mark Roberts

+61 (0) 466 328 581

Mark_Roberts@amp.com.au

(C) 2020 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
AMP LIMITED -0.32% 1.55 End-of-day quote.-0.64%
TELSTRA CORPORATION LIMITED 0.31% 3.21 End-of-day quote.7.72%
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Financials
Sales 2020 338 M 262 M 262 M
Net income 2020 163 M 127 M 127 M
Net Debt 2020 13 656 M 10 582 M 10 582 M
P/E ratio 2020 36,1x
Yield 2020 6,57%
Capitalization 5 323 M 4 122 M 4 125 M
EV / Sales 2020 56,2x
EV / Sales 2021 42,2x
Nbr of Employees 6 500
Free-Float 99,3%
Chart AMP LIMITED
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AMP Limited Technical Analysis Chart | AMP | AU000000AMP6 | MarketScreener
Technical analysis trends AMP LIMITED
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TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
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Mean consensus HOLD
Number of Analysts 8
Average target price 1,74 AUD
Last Close Price 1,55 AUD
Spread / Highest target 71,0%
Spread / Average Target 12,4%
Spread / Lowest Target -16,1%
EPS Revisions
Managers and Directors
NameTitle
Francesco de Ferrari Chief Executive Officer & Executive Director
Debra Hazelton Chairman
James Georgeson Chief Financial Officer
John K. O'Sullivan Independent Non-Executive Director
Andrea Elizabeth Slattery Independent Non-Executive Director
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