Toby takes over from Tom in PaperlinX reshuffle

Tom Park’s time with PaperlinX comes to an end as UK CEO, Toby Marchant, takes over the role but remains overseas.

Park, (pictured) the CEO of six years, will step down from PaperlinX on 31 October. His termination payment will comprise 12 months total fixed renumeration in lieu of notice, plus outstanding leave entitlements.

Incoming is Toby Marchant, CEO of PaperlinX Europe, who will be both managing director and CEO of PaperlinX Limited from 1 November. Prior to PaperlinX, he worked managing director of the Robert Horne Group.

Marchant will not relocate to the Mt Waverley office, and will continue to be based in the United Kingdom. The role of CEO Europe will not be replaced. A statement from the company said that these changes will “reduce corporate costs” an “further streamline the organisation following the exit from manufacturing, and will remove a layer of management as reflected in recent announcements.”

PaperlinX chairman, David Meiklejohn, said that it was appropriate to make an organisational change.

“Toby’s appointment follows a lengthy succession planning process by the board,” he said. “Toby will be leading a very strong management team and is well qualified to lead PaperlinX as the focus shifts towards operational management following the resolution of these major strategic issues.”