Evans ends battle with PMP
Months of fighting come to an end as former PMP CEO, Brian Evans, settles dispute with the company out of court.
Since making a shock exit from Australia’s largest printer in January this year, Evans (pictured) has been engaged in an on-going battle with the company, which he was suing for $1.56 million after not receiving a termination benefit. The case made the NSW Supreme Court in March with both Evans and PMP due to appear in court again on 10 August.
In a statement issued today, PMP said that the two parties had “amicably settled all differences arising from his [Evans’] departure, and his employment with PMP.”
Full details of the settlement are unknown, much like the reasons behind Evans’ unexpected departure from the company. Both sides have agreed to a confidentiality clause and said that “no further statements will be made.”
Evans was CEO of PMP for three years and was replaced by former chief financial officer, Richard Allely in April.
New faces at PMP
Allely has since wasted no time in restructuring the PMP management team, with a number of new appointments, including the most recent poaching of David Chesser, (pictured) former Salmat distribution general manager who is now general manager of PMP distribution. Chesser is also chairman of the Australian Catalogue Association.
“[This] appointment is another example of the transformation journey PMP Limited is on,” Allely said. “Our aim is to secure the best people in the industry to drive PMP forward and to rebuild the business.”
Under Allely’s guidance, the company has embarked on vigorous cost-cutting with a series of redundancies taking place. To date, 362 redundancies have occurred at PMP this year. Allely added that this was not the end. “There will be further redundancies in 2010,” he warned.