Verbrec Limited announced the appointment of Mark Read as Chief Executive Officer effective 13 March 2023. This follows the previously announced succession planning the Board commenced on 19 October 2022 given the retirement of Linton Burns from the roles of CEO and MD is slated for 27 September 2023. Mr. Read is a results focused business leader with over 30 years' experience across publicly listed and privately held engineering service companies nationally and internationally.

Mr. Read has a proven track record of leadership, management and change management of technical services and project delivery organisations. His prior success in establishing, transforming, acquiring, and growing businesses to improve profitability and achieve sustained growth will be welcomed by all stakeholders.