SHERLOCK WELCOMED AS NEW PEGASUS CEO

Pegasus Media & Logistics has welcomed Michael Sherlock as its new CEO, with the company saying he will lead it into the next era of supply chain excellence.

Pegasus says Sherlock has a proven track record in driving business transformation, and brings fresh energy and strategic vision to guide it through the next phase of its journey.

That journey will include expanding its global reach, strengthening integrated service offerings, driving sustainability and operational excellence, and making the necessary enhancements to keep Pegasus growing with its partners and clients.

Pegasus is in the top tier of independent Australian print businesses. It operates an integrated business in NSW out of St Mary’s and Blacktown with around 170 staff. The latter site has three offset presses, including a pair of 10-colour B1s, and a massive Roland 806, used for display work. It sold one of its presses three months ago. Manufacturing runs 24 hours a day, five days a week. It prints offset, digital, and has a significant sign and display print operation.

Three years ago, the main AAB print businesses – Pegasus Print Group and SOS Print + Media – along with F&M Supplies and AB Warehousing & Logistics began operating as one brand, Pegasus Media & Logistics.

AAB is majority owned (83%) by Sir Michael Bromley, through his Redwing vehicle, which has interests in many fields, with Gerry Anderson, the other shareholder, having the minority stake.

Sherlock replaces Mark Atkinson, who had been in the role for 18 months. He succeeded former Ovato boss Kevin Slaven, who had taken over from long-time CEO Wayne Finkelde 18 months prior to that.