David Meiklejohn, chairman of PaperlinX says, “The recent exit from manufacturing, the $1.2bn reduction of debt in the last 18 months, and refinancing away from the historical lender group have resulted in a more focused, streamlined and flexible organisation. It is now an appropriate time to make this organisational change.”

Marchant has more than 30 years experience in the Paper merchanting industry. He was managing director of the Robert Horne Group in the UK when PaperlinX acquired Buhrmann in 2003, was appointed regional president of PaperlinX UK in 2005 and became CEO of PaperlinX Europe in 2008.

Marchant will continue to be based in the United Kingdom, whilst the statutory head office will remain in Mt Waverley, Victoria. The role of CEO Europe will not be replaced.

Meiklejohn continues, “Toby’s appointment follows a lengthy succession planning process by the Board. Toby will be leading a very strong management team and is well qualified to lead PaperlinX as the focus shifts towards operational management following the resolution of these major strategic issues.

The PaperlinX board acknowledged the commitment that Thams Park had shown as managing director and CEO over the past six years. Meiklejohn says, “On behalf of the Board and the shareholders I thank Tom for his substantial contribution to PaperlinX and for leaving a strong management team in place.”

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