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TRANSURBAN GROUP (TCL)

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Transurban Group : Transurban Chief Executive Chris Lynch To Resign

01/29/2012 | 05:31pm US/Eastern
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Transurban Group (TCL.AU) said Monday that Chris Lynch has notified the toll road owner of his intention to stand down as its chief executive from July.

The company has identified a pool of potential internal replacements, but also has a well researched view of external possibilities, Chairman Lindsay Maxsted said in a statement.

After four years in the top job, Lynch said that Transurban is in excellent shape and that the time was right for him to leave.

-By Ross Kelly, Dow Jones Newswires; 61-2-8272-4692; Ross.Kelly@dowjones.com

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