The Cleanaway Waste Management Ltd (ASX: CWY) share price is in focus today as the company announced a CFO transition and reaffirmed its FY26 earnings outlook, with underlying EBIT expected around $470 million.
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What did Cleanaway Waste Management report?
- Appointment of Nigel Simonsz as incoming Chief Financial Officer, starting 27 July 2026
- Current CFO Paul Binfield stepping down, supporting transition through H1 FY27
- FY26 underlying EBIT expected to be approximately $470 million (midpoint of prior guidance)
- FY26 full year results set for release on 20 August 2026
What else do investors need to know?
Nigel Simonsz brings broad financial leadership experience from listed companies such as United Petroleum, Sigma Healthcare, and Australian Agricultural Company. The appointment follows an internal and external search, with an emphasis on continuity during Cleanaway's reporting and strategy cycle.
Outgoing CFO Paul Binfield has served over five years, during which he guided the company through strategic acquisitions and helped shape Cleanaway's Blueprint 2030 strategy. The board acknowledged his contribution and commitment to a smooth leadership handover.
What's next for Cleanaway Waste Management?
Cleanaway will continue its focus on delivering Blueprint 2030, which centres on long-term sustainable growth and capital discipline. The company plans a structured CFO transition, maintaining stability while progressing its growth and operational strategies.
Further details on full-year financial performance and forward outlook are expected at the FY26 results announcement in August.
Cleanaway Waste Management share price snapshot
Over the past 12 months, Cleanaway shares have declined 20%, trailing the S&P/ASX 200 Index (ASX: XJO), which has risen 1% over the same period.
