Mark Webster to step down as Inglis CEO
4th May 2018
Following a long and distinguished career in various full-time executive roles, the last 11 years being with Inglis as Managing Director, Mark Webster has informed the Board of his intention to step down at Christmas 2018.
Mark intends ceasing to be a full-time executive and to undertake more non-executive board roles and consulting work.
He is already a non-executive director of ASX listed, Salmat. This will also enable him to pursue his other personal interests including competing here in Australia and in the USA with his horses.
Inglis is extremely fortunate to have had Mark at the helm for so many vital years in the company’s history. Under his leadership, the company has grown, met many challenges and is extremely well placed into the future.
Mark’s principal legacy is his key role in the sale of Newmarket, the purchase of the land adjoining the Warwick Farm racetrack, now known as Riverside, and the timely development of the multi-use Riverside Stables, auction auditorium and adjoining William Inglis Hotel – all world’s best.
We thank Mark for the notice he has given us which will ensure a smooth transition to his successor.
Most pleasingly, I can also announce that the Board and Mark have agreed that on completion of his service as Managing Director, he will transition to a non-executive director of Inglis.
John Coates, AC Chairman