The global travel agency says transactions have been rising after the pandemic. But the bigger question among the bears is whether its profit margin can hit a lofty target.
Brisbane-based ALS, which has almost 17,000 staff globally, has chosen an internal replacement as CEO – a Spanish-speaking former lawyer from Argentina.
Raj Naran said he was leaving the Brisbane-based lab testing group citing family reasons. He has run the company for six years and led a significant expansion.
The company said it rewarded executives because of an earnings rebound in difficult conditions. Investors, meanwhile, have questioned the bonus structure.