Austin appoints Sybrandt Van Dyk as CEO and Managing Director

Jul 23, 2024 - 10:46
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Austin appoints Sybrandt Van Dyk as CEO and Managing Director

The Board of Austin Engineering has announced the appointment of Sybrandt (Sy) Van Dyk as the Company’s new Chief Executive Officer (CEO) and Managing Director.

Van Dyk will replace David Singleton who will retire as CEO and Managing Director on 30 June 2025, as previously advised.

Van Dyk will begin a handover period with Mr Singleton on 1 May 2025, officially commencing as CEO and Managing Director on 1 July 2025.

An experienced financial and resources industry executive, Van Dyk has been a Non-Executive Director of Austin since 2018. He is currently the President of ASX-listed Perenti Ltd’s (‘Perenti’) Drilling Services Division, having been the CEO and Managing Director of DDH1 Ltd, prior to its acquisition by Perenti in late 2023. Mr Van Dyk was CFO and then CEO and Managing Director of ASX-listed Macmahon Holdings, and spent almost 13 years at WesTrac, where he was COO (WA), CFO, and acting CEO for a period.

Austin Engineering Chair Jim Walker said, “The Austin Board is thrilled to have secured Sy as the Company’s next CEO and Managing Director. He is intimately involved with Austin and its business strategy through his six years as a Non-Executive Director on the Austin Board. Sy has significant ASX executive leadership experience in large, globally focused, customer facing companies. He also has the necessary operational and sector credentials to continue to build and grow the Company. David has allowed a long lead time for his departure at the end of the next financial year, and ample time to hand over responsibilities to Sy. I would like to, once again, acknowledge David’s many achievements at Austin in vastly improving the Company’s financial and operational performance over his tenure. David will continue these efforts through FY25, and we are confident Sy will continue David’s work in bringing a strong commercial and operational focus to the business.”

Commenting on his appointment, Van Dyk said, “I am delighted to be given the opportunity to lead Austin from FY26. David has built Austin to be a fully integrated, global business, and I will be steadfast in my focus on continuing that work. I will bring my expertise in operational performance and customer focus to ensure Austin remains the global market leader in customised heavy haulage mining equipment.”