Cleanaway CEO Vik Bansal to step down

Original article by Lachlan Moffet Gray, Eli Greenblat, John Durie
The Australian – Page: Online : 22-Jan-21

Shares in waste management company Cleanaway fell by as much as 10 per cent on 21 January after Vik Bansal announced he would be stepping down as CEO; they eventually closed down 8.5 per cent. Bansal had been the subject of significant scrutiny during the latter part of 2020 after it emerged he had been accused of improper behaviour towards staff. He will present Cleanaway’s interim results on 19 February and assist its board with the transition to a new CEO, while it is believed he has accepted an offer to head up Sanjeev Gupta’s InfraBuild Australian steel operations.

CORPORATES
CLEANAWAY WASTE MANAGEMENT LIMITED – ASX CWY

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