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Viva Energy Group Ltd. ( (AU:VEA) ) just unveiled an update.
Viva Energy Group Ltd. announced the resignation of Michael Muller from its Board and the appointment of Mark Chung as a Non-Executive Director, effective 5 May 2025. Mark Chung, who brings extensive experience from his roles at Vitol and Bank of America Merrill Lynch, is expected to strengthen the Board with his expertise in the Asia Pacific energy sector. This leadership change is anticipated to bolster Viva Energy’s strategic positioning in the energy market, potentially impacting its operations and stakeholder relationships.
More about Viva Energy Group Ltd.
Viva Energy Group Ltd. is a prominent player in the convenience retail, commercial services, and energy infrastructure sectors in Australia, with over 120 years of history. The company operates a vast network of nearly 900 retail convenience and fuel stores and supplies fuels and lubricants to approximately 1,500 service stations. Additionally, Viva Energy owns the Geelong Refinery in Victoria and manages businesses in bulk fuels, aviation, bitumen, marine, chemicals, polymers, and lubricants, supported by over 20 terminals and 79 airports across the country.
YTD Price Performance: -50.34%
Average Trading Volume: 3,426
Technical Sentiment Signal: Strong Buy
Current Market Cap: €1.32B
For a thorough assessment of VEA stock, go to TipRanks’ Stock Analysis page.