CAPITAL MARKETS

New broom sweeps into Orica

FORMER North Ltd chief executive Malcolm Broomhead has been confirmed as the new chief executive of explosives manufacturer Orica Ltd, filling the position vacated by Philip Weichardt in early July.

Greg Tubby

Broomhead will take up the position on September 3 at a time when Orica is struggling after it warned earlier this month writedowns in the carrying value of its US explosives business and Australian PVC...

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