Executive Changes at Orbital
18 December 1997
Executive Changes at OrbitalPERTH, Australia, Dec. 18 -- Orbital Engine Corporation Limited today announced changes to its senior executive group. Mr. John Beech, Orbital's Chief Financial Officer since 1987, will relocate to the United States where he will become President of Orbital's Marine & Recreational Products business unit. He will remain as an Executive Director on the Board of Orbital Engine Corporation. The move will strengthen the Company's US executive presence at a time when customers are releasing Orbital-related products into the market. Other key roles for Mr. Beech will be to support the Corporation's growing US customer base and consolidate relationships with strategic partners. He will also be responsible for strengthening Orbital's relationships within the US investment community. Mr. Peter Hatfull will assume the role of Chief Financial Officer, effective immediately. Mr. Hatfull joins Orbital with 25 years experience in the field of finance and accounting in industry and commerce. He began his career in the United Kingdom with Coopers & Lybrand before joining Peat Marwick Mitchell (now KPMG) in Africa. He has previously served as Finance Director and Chief Financial Officer with a number of public companies, most recently as Deputy Chief Executive Officer for Australian industrial group Whittakers Limited. SOURCE Orbital Engine Co., Inc.