Boom Logistics (ASX:BOL) CEO Tony Spassopoulos announces departure


  • Boom Logistics (BOL) CEO and MD Tony Spassopoulos announces he’s stepping down after more than four and half years in the top job
  • Boom Chair Melanie Allibon says Mr Spassopoulos played a pivotal in guiding the company through a “restructuring and rebuilding” phase
  • COO Ben Pieyre will become Interim CEO from February 15, with Mr Spassopoulos aiding the transition
  • The company will commence a “comprehensive internal and external search” for a new CEO, expected to be made towards the end of 2023
  • Shares in BOL were up 3.57 per cent, trading at 14.5 cents at 12:05 pm AEDT

Boom Logistics (BOL) Chief Executive Officer and Managing Director Tony Spassopoulos is stepping down from the roles after more than four and a half years.

Mr Spassopoulos initially joined Boom in 2008, before becoming CEO in 2017, and ultimately Managing Director in 2018.

Boom Chair Melanie Allibon said Mr Spassopoulos played a pivotal in guiding the company through a renewing phase.

“Tony has contributed greatly to Boom through his leadership during a period of restructuring and rebuilding (including amidst the COVID-19 pandemic) whilst significantly reducing debt,” she said.

Mr Spassopoulos said it was an honour to lead Boom during his tenure in the top spot.

“It has been a privilege to work with a committed leadership team and dedicated employees across all parts of the business who share a strong customer focus and safety culture. I am proud to be leaving Boom poised for the next stage of its growth,” he said.

The company announced Chief Operating Officer Ben Pieyre will become Interim CEO from February 15, 2023.

Mrs Allibon said Mr Pierye joined Boom in 2019 and has extensive experience to lead the company going forward.

“His experience, people skills and commitment to Boom means he is well placed to serve as Interim CEO,” she said.

The company also announced Mr Spassopoulos’ last day will be August 14 2023, and in the meantime will assist Mr Pieyre and his management team moving forward.

Boom will commence a “comprehensive internal and external search” for a new CEO, with an appointment expected to be made towards the end of 2023.

Shares in BOL were up 3.57 per cent, trading at 14.5 cents at 12:05 pm AEDT.


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