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Fleetwood Limited (ASX:FWD)

ALERT: Price-sensitive ASX Announcement for FWD
Current share price for FWD : $2.410 -0.32 (-11.72%)+
Announcement
Release
25 Nov 2025 8:25AM
Price at Release
$2.730
Full Release
download
Summary
Fleetwood Limited has announced that Mr. Bruce Nicholson has stepped down as the Managing Director & CEO, effective immediately. The decision, made by the Board of Directors, is part of the company’s strategic realignment efforts. John Klepec, Chair of the Board, will take on the responsibilities of CEO in the interim as Executive Chairman while the search for a new CEO is conducted. The company reassures stakeholders of its ongoing commitment to operational success and value creation.
Key Points
  • Fleetwood Limited announced the immediate departure of Mr. Bruce Nicholson from the role of Managing Director & CEO.
  • The Board of Directors made this decision to align with the company's long-term strategic priorities.
  • A search process has been initiated to find a new CEO.
  • John Klepec, Chair of the Board, will temporarily assume CEO responsibilities as Executive Chairman.
  • The company emphasizes its continued commitment to sustainable earnings growth and stakeholder value.
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.