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Laserbond Limited (ASX:LBL)

ALERT: Price-sensitive ASX Announcement for LBL
Current share price for LBL : $0.540 0.015 (2.86%)+
Announcement
Release
22 Aug 2025 9:06AM
Price at Release
$0.525
Full Release
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Summary
LaserBond Limited announced that Wayne Hooper will retire as CEO effective 30 June 2023 but will remain as an Executive Director, ensuring continuity and the transfer of knowledge. Dr. Andrew Short, currently the Head of Technology & Innovation and an Executive Director, will assume the CEO role from 1 July 2023. The Board emphasized that this planned leadership transition is part of the company’s strategy to maintain and build on its growth trajectory, expressing thanks to Mr. Hooper and confidence in Dr. Short’s ability to lead the company’s next stage of innovation and expansion.
Key Points
  • LaserBond Limited (LBL) announced a leadership transition.
  • Wayne Hooper, the current Chief Executive Officer (CEO), will retire effective 30 June 2023.
  • Wayne Hooper will continue as an Executive Director after stepping down as CEO.
  • The Board has appointed Dr. Andrew Short as the new CEO effective 1 July 2023.
  • Dr. Andrew Short has served as Head of Technology & Innovation at LaserBond since 2019 and has been an Executive Director since 2021.
  • The transition is designed to support LaserBond’s growth strategy and ensure leadership continuity.
  • The Board expressed gratitude to Wayne Hooper for his leadership and contribution to the company.
  • Dr. Short is expected to build on the strong foundation and drive the next phase of innovation and growth.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.