has moved to accelerate some cost-cutting in executive ranks at the concrete and asphalt group by eliminating the position of chief finance and strategy officer, sending Tino La Spina out of the company after 18 months., joined Boral a few weeks later. He left the flag carrier after it grounded its international flying operations in the pandemic.
“With its focus now in Australia, the board has been working with management on what the business should look like, given its reduced operational footprint and size,” Mr Stokes said. Boral said on Tuesday that Mr La Spina had left the role of chief finance and strategy officer on April 15 and that the board “intends to provide notice of termination” on July 1.Seven Group had been critical of changes made by the Boral board to the employment incentive arrangements for chief executive Zlatko Todorcevski and Mr La Spina.