Gumley to lead Hutch Oz

Hutchison Port Holdings (HPH) has made a high-profile appointment to head up its new Australian operations, choosing engineer and Officer of the Order of Australia, Dr Stephen Gumley, as CEO.
Dr Gumley was most recently CEO of the Australian Defence Materiel Organisation (DMO), a post he held from February 2004 until July last year, and prior to that was CEO of the Australian Submarine Corporation and a vice president of Boeing. In his DMO role he was characterised as “Australia’s highest-paid public servant”.
The new CEO will guide HPH’s A$700M investment in its new Brisbane Container Terminal and Sydney International Container Terminal (at Port Botany), which are “expected to bring added capacity and competition to the ports”. HPH says it is also looking to establish itself in Melbourne “in the near future”.
HPH managing director for Australasia and North Asia, Raymond Law, said Dr Gumley’s appointment underlined the group’s commitment to Australia.
“HPH is bringing the full weight of its resources to establishing a technically advanced, strong and efficient stevedore in Australia,” Law said. “We believe that in Dr Gumley we have the person we need on the ground in Australia to channel those resources and create that new entity.”
Dr Gumley said creating more competition in Australia’s major ports would be good for importers and exporters and ultimately Australia.
“While port development has occurred under the existing duopoly arrangements, the introduction of a capable third stevedore can only drive development harder,” he said.



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