Incitec Pivot Ltd. (IPL), Southbank, Victoria, on July 6 announced the appointment of Chris Opperman as Chief Financial Officer (CFO) designate of the proposed standalone Incitec Pivot Fertilisers business.
IPL said Opperman will lead the fertilizer separation workstream ahead of the shareholder vote on the proposed structural separation in the first half of 2023. The appointment follows Opperman’s role as Interim IPL CFO until June 30. Paul Victor commenced as IPL’s CFO on July 1, with his appointment announced in March (GM March 25, p. 27).
The Australian company announced on May 23 its plan to demerge its fertilizer and mining explosives divisions into two separate Australian Securities Exchange (ASX) listed companies by mid-2023 (GM May 27, p. 1).
Opperman is an experienced leader who has over 20 years of experience in finance, accounting, and investor relations. Since joining IPL in 2010, he has held a number of senior leadership positions within the finance team, including as General Manager – Group Finance & Investor Relations and CFO of the Dyno Nobel Asia Pacific business unit.