Whilst this is a loss for Nova it is a great outcome for Defence and enables McDowell to significantly shape the future of defence for Australia and the state of South Australia.
McDowell said: “I have thoroughly enjoyed my time with Nova. It is a fabulous business, which has grown substantially over the years and has a solid growth path ahead of it. However, this was an opportunity I simply could not turn down. It provides the ability for me to shape the future of Australia’s shipbuilding and sustainment and also to ensure I contribute to the effective implementation of the Defence Strategic Review”.
“Nova has a very bright future ahead of it and that is testament to its exceptionally talented workforce. The passion, commitment and focus on the customer they display is outstanding. I am proud to have been part of Nova’s continued success,” McDowell continued.
Steven Robinson has been appointed to a newly created role of Chief Operating Officer to ensure continued focus on a number of strategic initiatives McDowell was responsible for. Recruitment for a new CEO will commence shortly.