The president of Brambles’ pallets business in North America, Kim Rumph, has left the pallets, crates and containers supplier after a reorganisation of senior executives.
Brambles on Wednesday said that as a consequence of the organisational change, Ms Rumph, the president of CHEP Pallets North America, will leave Brambles immediately.
The company said that the leaders of its pooled pallet operations in Canada and the US, the CHEP Recycled business, and the Pallecon North America business will now report directly to chief executive Graham Chipchase, who took charge of Brambles in February.
“With this de-layering of our Pallets North America organisational structure, I will be closer to the day-to-day operations and the leadership of our important North American businesses as we continue to focus on delivering for our customers and shareholders,” Mr Chipchase said in a statement.
In February, Brambles reported a 50 per cent slide in first-half profit and lowered full-year profit forecasts.
Competition and cost pressures in its North American pallets business weighed on the first-half results, with outgoing chief executive Tom Gorman labelling the performance of the business “disappointing”.
Mr Chipchase said that since joining Brambles in February 2006, Ms Rumph had held a series of progressively more senior roles with group and regional responsibilities.
“I thank Kim for her dedication and service and convey our best wishes for the future,” Mr Chipchase said.
Shares in Brambles were 12 cents, or 1.29 per cent, lower at $9.21 at 1032 AEDT.