RATTRAY REPLACES BEARD AS CEO OF ANZDL
Australia-New Zealand Direct Line said that Stuart Rattray will become its new chief executive officer, following the announcement of the departure of long-time CEO Michael Beard.
Rattray, currently executive vice president, will take up the top executive job at Santa Ana, Calif.-based ANZDL in the Spring.
Beard is leaving ANZDL to head Tranz Rail, the New Zealand rail and ferry operator in which Wisconsin Central Transportation Corp. is a major shareholder.
ANZDL is part of the Canadian group CP Ships.