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Amotiv Limited (ASX:AOV)

ALERT: Price-sensitive ASX Announcement for AOV
Current share price for AOV : $6.130 -1.28 (-17.27%)+
Announcement
Release
11 Aug 2026 8:23AM
Price at Release
$7.410
Full Release
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Summary
Amotiv Limited announced that its Managing Director and CEO, Graeme Whickman, will step down in December 2026 as part of a planned leadership transition. Graeme, who led the company for eight years, is credited with transforming Amotiv into a streamlined automotive group, boosting automotive revenue and EBITA by 2.5 times. The company has also expanded globally, with non-ANZ revenue now constituting 18% of total revenue. Post-resignation, Graeme will provide consultancy services to ensure a smooth leadership transition. The Board has initiated a comprehensive search for his successor.
Key Points
  • Amotiv Limited announced the succession of its Managing Director & CEO, Graeme Whickman.
  • Graeme Whickman will step down in December 2026 after eight years in the role.
  • The CEO transition is planned as an orderly process to maintain business momentum.
  • Graeme Whickman significantly transformed Amotiv into a focused automotive group.
  • Under Graeme Whickman's leadership, Amotiv's automotive revenue and EBITA grew 2.5 times.
  • Non-ANZ revenue increased from zero to 18% during Graeme Whickman's tenure.
  • Graeme will continue as a consultant after stepping down to assist the transition.
  • Amotiv's Board is actively searching for a new Managing Director & CEO.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.