BAC appoints new CFO

Brisbane Airport Corporation (BAC) is pleased to announce the appointment of Michael Bradburn as its new Chief Financial Officer (CFO).

Mr Bradburn will commence at BAC on 4 February 2013, replacing current CFO Tim Rothwell who is leaving after 19 years with Brisbane Airport.

Mr Rothwell will remain with BAC until August 2013 working on a number of projects.

Julieanne Alroe, BAC CEO and Managing Director, welcomed the new appointment which followed an extensive search and strong interest from a large selection of quality candidates.

“Michael is a highly experienced senior financial executive who has held senior positions with ASX listed companies such as Mirvac Limited, Brambles Limited and most recently with Asciano Limited in Sydney as General Manager, Finance and Commercial, Patrick Terminals and Logistic.

“He brings a broad background of experience to the role including bond and capital raising, hedging, infrastructure development, financial modeling, car park and commercial shopping infrastructure, logistics and general management, which makes him a very valuable addition to our strong and experienced management team,” Ms Alroe said.

“I would also like to acknowledge the great work and contribution that Tim Rothwell has made to BAC over his 19 years of service.

“During his time with the company Tim has played an integral and important part in our success from the initial Federal Airport Corporation days, through the privatisation process, the establishment of BAC and to where it is today as one of Queensland’s leading companies.

“Tim will be greatly missed and we offer our warmest wishes as he embarks on many new adventures,” Ms Alroe said.

Throughout his 19 year career Mr Rothwell was instrumental in the success of a number of large scale projects, including the new International Terminal in 1995 (and a major extension in 2008), Virgin choosing Brisbane as its head office and Airtrain (2000), major road improvements opening up the airport site (2009), recent domestic terminal road and other improvements and a significant number of commercial property investments.

Mr Rothwell intends to spend more time travelling, on other interests and with his family, as well as further charity work, some project / consultancy roles and non-executive board roles.