Brown and Hurley Chief Executive Officer, Paul Hurley.
Brown and Hurley Chief Executive Officer, Paul Hurley is set to retire.
The retirement, Prime Mover has learned, will be effective by the end of the 2024 calendar year.
Hurley, who was appointed CEO in July 2018, is highly regarded internally having significantly contributed to the company’s extensive growth across the truck and trailer category of the business and also in the agricultural machinery segment.
The company currently has a presence in 21 locations in Queensland and Northern NSW with over 600 staff.
It is expected Hurley, who is a third-generation family member, will take up a director’s role on the Brown and Hurley board, joining Rob Brown, Jim, Kev and Doug Hurley and John Casey.
“The company’s board has decided to explore all options in finding a CEO to take over Paul’s role,” a Brown and Hurley spokesperson told Prime Mover.
“Recruitment for the position will commence shortly, with the aim of having the new CEO in place mid-2024 to allow a seamless transition to the new CEO.”
The company, which has been in business for 77 years, is, at present, evenly split in its ownership by the Brown family and the Hurley family.
With a healthy order book deep into 2025, the company has several new facilities in the planning stages to replace existing facilities that have outgrown their current sites.
“The board is committed to the company maintaining its business philosophy, work culture, financial position and customer service to the highest standard, and will be seeking a CEO to maintain and enhance that,” a Brown and Hurley spokesperson said.
Further updates will be provided as they come to hand.