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Endeavour Group names next chair
Yahoo Finance· 2026-02-18 13:19
Group 1 - Endeavour Group has appointed Tim Poole as the new chairman, succeeding Duncan Makeig, who served as interim chair after Ari Mervis's resignation due to board disagreements [1][2] - Tim Poole is recognized as an experienced leader with a strong background in board leadership and stakeholder management, having held various roles in ASX-listed and private companies [2][3] - Poole's previous experience includes being a non-executive director at The Lottery Corporation and non-executive chair at Aurizon Holdings, along with a senior management role at PwC [3] Group 2 - Poole expressed enthusiasm about joining Endeavour's board and aims to support management in enhancing the value of the company's portfolio [4] - Endeavour Group reported a 1% growth in group sales for the first half of the 2026 financial year, totaling A$6.7 billion (approximately $4.4 billion) [4] - Sales from Dan Murphy's and BWS liquor store businesses remained flat at A$5.4 billion, while the Specialty segment, including Pinnacle Drinks, saw a decline of 16.2% to A$109 million [4][5]