Fastbrick Robotics (ASX:FBR) Bolsters Leadership Team with Senior Executive Appointment

Company Name: Fastbrick Robotics

Announcement Date: 22/12/2017
Announcement Category: Team Update
Announcement Content:

Australian robotic technology company, Fastbrick Robotics Limited, is pleased to announce the appointment of a senior executive into the leadership team within the Company.

Mark Sheridan has been appointed as General Manager of Operations and will be responsible for managing the daily operations of the Hadrian X program including management of the procurement, assembly and demonstration stages of the Hadrian X program. Mr. Sheridan will be based at Fastbrick’s headquarters in Perth.

Mr. Sheridan comes with a wealth of experience in operations and engineering. His most recent role was as General Manager/ Head of Projects at Cleanaway Limited (ASX:CWY), an Australian Securities Exchange (ASX) top 200 company and Australia’s leading recycling, waste management and industrial services company with over 200 sites nationally.

Prior to Cleanaway Mr. Sheridan worked at Holden Limited for fifteen years where he served as Engineering and Global Program Manager and as Chief Engineer and Director of Engineering Operations. As Director of Engineering Operations, he was responsible for the leadership of over 150 employees, a divisional budget of A$20 million and components with an annual purchased value of A$500 million.

He holds a Bachelor of Engineering with Honors from Coventry University and a Masters in Business Management from Warwick University.

The expanded and bolstered leadership team will support Fastbrick’s growth in CY18 and beyond and help further advance the Hadrian X program. The addition to the leadership team will allow Chief Technical Officer Mark Pivac the ability to initiate due diligence on further applications of Fastbrick’s Dynamic Stabilisation Technology and expand the Company’s Intellectual Property portfolio.

The appointment was made after an extensive nationwide search and vetting process with Mr Sheridan commencing with Fastbrick in February 2018.

Fastbrick Robotics Chief Executive Officer Mike Pivac: “On behalf of the Board and shareholders I'd like to welcome Mark Sheridan to the Fastbrick team. After a thorough and extensive search, we have chosen an extremely experienced and well-qualified candidate to fill this key role. The Company has grown rapidly in the past year and we are now well equipped for our continued expansion in 2018. We have significant news in the pipeline as we progress the procurement phase of the Hadrian X program and move through the assembly phase. We look forward to informing the market on continued progress and upcoming developments.”

Fastbrick Robotics General Manager of Operations Mark Sheridan: “I am delighted to be joining Fastbrick at such a key phase of the Company’s development. As a divisional leader with international experience and a strong strategic outlook, I look forward to bringing my project management expertise to the Company.”


Announcement URL: http://www.asx.com.au/asxpdf/20171222/pdf/43qdj8wyw2jl51.pdf
About Fastbrick Robotics:

Fastbrick Robotics Limited (ASX:FBR) is an Australian robotic technology company developing and commercialising digital construction technology solutions. Fastbrick Robotics’ revolutionary bricklaying machine Hadrian X represents the first application of the Company’s underlying intellectual property portfolio. Hadrian X is a globally patented 3D robotic bricklaying system and marks the transition to dynamically stabilised robots (DSR) operating outdoors in uncontrolled environments.

Fastbrick is currently advancing its robotics technology through a Memorandum of Understanding (MOU) with Caterpillar Inc. (NYSE:CAT) demonstrating global scalability and a MOU with the Kingdom of Saudi Arabia highlighting customer demand for Fastbrick's technology. Fastbrick is committed to improving the safety, speed, accuracy, cost and waste management in the global construction industry through utilising the world’s latest innovations in mobile robotic technology.

Go to Company Profile for: Fastbrick Robotics

Announcement Contact: [email protected]