Papyrus Australia Limited (ASX:PPY) Appoints New CEO and Announces Restructure
Leadership Changes
Papyrus Australia Limited has appointed Daniel Schmidt as its new Chief Executive Officer. Schmidt brings over 15 years of senior leadership experience in manufacturing, including procurement, operations management, and supply chain optimisation. Over the past year, he has collaborated closely with the technology team and key pilot customers to enhance the company’s technology readiness.
Operational Restructure
In alignment with its transition to full-scale commercial operations, Papyrus is restructuring its support functions by engaging Automic Group to provide company secretarial and back-office services. This strategic outsourcing, effective from 1 September 2025, will enable the executive team to focus on technology refinement, business development, and customer engagement.
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
This article was generated using GPT-4o mini, a Large Language Model (LLM), to generate summaries of investing news. While AI is generating the content, we know better than to blindly trust our future robot overlords, and every article is edited and fact-checked by an editor holding the appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content of everything published by The Capital Club.
