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Vulcan Steel Ltd. ( (AU:VSL) ) has shared an announcement.
Vulcan Steel Limited announced a significant leadership transition, with CEO Rhys Jones retiring after 19 years and Gavin Street, the current Chief Commercial Officer, stepping in as the new Managing Director and CEO effective January 2026. This change is part of a broader strategic focus on stability and long-term value creation, with Rhys Jones expected to transition to the role of non-executive Chair, ensuring continuity and leveraging his industry expertise. The transition is designed to maintain strong governance and operational continuity, with Adrian Casey continuing as Chief Operating Officer and Russell Chenu remaining on the board as lead independent director.
The most recent analyst rating on (AU:VSL) stock is a Hold with a A$7.20 price target. To see the full list of analyst forecasts on Vulcan Steel Ltd. stock, see the AU:VSL Stock Forecast page.
More about Vulcan Steel Ltd.
Founded in 1995, Vulcan Steel Limited is an Australasian-wide industrial product distributor and value-added processor with a strong presence in the Steel and Metals divisions. The company operates 66 logistics and processing facilities and employs approximately 1,300 people across Australia and New Zealand.
Average Trading Volume: 45,189
Technical Sentiment Signal: Sell
Current Market Cap: A$799.9M
See more insights into VSL stock on TipRanks’ Stock Analysis page.