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Austal founder John Rothwell to step down as chair after 37 years

Pelican Press

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Austal founder John Rothwell to step down as chair after 37 years

Naval shipbuilder Austal’s founder and biggest individual shareholder, John Rothwell, is stepping down as chairman after 37 years.

Mr Rothwell, 80, will remain on the Austal board as a non-executive director but be succeeded as chair by former US Secretary of the Navy Richard Spencer, a one-time aviator with the US Marines.

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