Transurban Group’s CEO and executive director, Scott Charlton, has plans to leave the company at the end of 2023 after leading Transurban for almost 11 years.
Under Charlton’s leadership, the company has grown to become an ASX 20-listed entity, increasing its market capitalization by more than five times to more than A$43 billion ($30 billion).
“Scott and his team have initiated, developed and/or acquired some of the most important road infrastructure projects in Australia and North America over the past 10 years, including WestConnex, NorthConnex, Queensland Motorways and I95 Express Lanes, and during this time Transurban has grown from six to 22 assets with average concession length of 28 years,” said Craig Drummond, chair of Transurban. “These projects have supported economic growth and delivered meaningful travel benefits including safety for road users.”
Transurban has begun a global search for Charlton’s replacement, supported by executive-re