tiprankstipranks
Advertisement
Advertisement

Viva Energy Announces Board Changes as Retail Expansion Advances

Story Highlights
  • Viva Energy’s non-executive director Nicola Wakefield-Evans will retire in April 2026 after chairing the Sustainability Committee during years of major change.
  • With a new chair and recent board appointment, Viva Energy is seeking another independent director to align governance expertise with its growing retail-focused strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Viva Energy Announces Board Changes as Retail Expansion Advances

Claim 55% Off TipRanks

Viva Energy Group Ltd. ( (AU:VEA) ) has shared an announcement.

Viva Energy Group Limited, a major Australian convenience retail, fuel supply and energy infrastructure operator, runs more than 1,280 convenience and fuel outlets and supplies almost 1,550 service stations nationwide. The company also owns the Geelong Refinery in Victoria and supports broad bulk fuels, aviation, marine, bitumen, chemicals, polymers and lubricants operations through a large national logistics and terminal footprint.

Viva Energy announced that independent Non-Executive Director Nicola Wakefield-Evans will retire from the board on 30 April 2026 after nearly five years, during which she chaired the Sustainability Committee and helped steer the group through a period of significant change and diversification. Following the recent appointment of Sarah Ryan as Chair and Alistair Bell as an independent Non-Executive Director, the company has begun searching for a new independent director to align board skills with its expanding retail operations and next phase of growth.

The most recent analyst rating on (AU:VEA) stock is a Hold with a A$2.20 price target. To see the full list of analyst forecasts on Viva Energy Group Ltd. stock, see the AU:VEA Stock Forecast page.

More about Viva Energy Group Ltd.

Viva Energy Group Limited is an Australian-listed convenience retailer, commercial services provider and energy infrastructure company with a history of more than 120 years. It operates a national network of over 1,280 retail convenience and fuel stores and supplies fuels and lubricants to nearly 1,550 service stations, anchored by ownership of the Geelong Refinery and extensive terminal and aviation infrastructure.

Average Trading Volume: 7,390,251

Technical Sentiment Signal: Buy

Current Market Cap: A$4.11B

See more insights into VEA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1