PWR Holdings has appointed Sharyn Williams as its new CEO and Managing Director, marking a strategic leadership transition while the search for a new CFO is underway.
- Sharyn Williams promoted from CFO to CEO and Managing Director
- Interim CEO Matthew Bryson to return to technical leadership role
- Board initiates search for new CFO to ensure smooth handover
- Williams brings 17+ years of executive experience across multiple industries and regions
- CEO remuneration includes fixed salary plus performance incentives
Leadership Shift at PWR Holdings
PWR Holdings Limited (ASX – PWH) has announced a significant leadership change with the appointment of Sharyn Williams as Chief Executive Officer and Managing Director. Ms. Williams, who has served as the company’s Chief Financial Officer since January 2025, will step into the top executive role following the recruitment of a new CFO and an orderly transition period.
Continuity and Experience
The board’s decision to elevate Ms. Williams reflects a desire for continuity and stability within PWR’s leadership ranks. With over 17 years of experience in executive roles across automotive, electrical manufacturing, and education sectors, Williams brings a wealth of strategic and operational expertise. Her international experience spans Australia, China, Singapore, and the United States, positioning her well to guide PWR’s diverse and global operations.
Since joining PWR, Williams has been instrumental in strengthening the company’s financial governance and supporting its expansion into defence, aerospace, and emerging technologies. She also played a key role in the operational transition to PWR’s new Stapylton manufacturing facility, a critical milestone for the company’s growth trajectory.
Interim Leadership and Transition Planning
During the interim period before Williams assumes the CEO role, Matthew Bryson will continue as Acting CEO. Bryson, who is currently Chief Technical and Commercial Officer, has provided steady leadership during a demanding phase for the company. Upon Williams’ commencement, Bryson will return to his technical leadership role, focusing on customer engagement and program delivery.
The board has commenced a search for a new CFO to succeed Williams, ensuring a smooth and well-sequenced leadership handover. This dual transition underscores PWR’s commitment to maintaining operational momentum while reinforcing its executive team.
Compensation and Contract Details
Williams’ appointment comes with a comprehensive remuneration package, including a total fixed remuneration of $701,000 (inclusive of superannuation), and participation in both short-term and long-term incentive plans. For the current financial year, incentive participation will be pro-rated to reflect her time in both CFO and CEO roles. The contract is open-ended with a six-month notice period, and termination benefits are limited to statutory entitlements.
Looking Ahead
PWR’s board chair, Kees Weel, highlighted the strategic importance of Williams’ appointment, emphasizing her deep understanding of the business and alignment with its culture and priorities. As PWR navigates this leadership transition, investors and stakeholders will be watching closely to see how the new CEO steers the company through its next phase of growth and innovation.
Bottom Line?
Sharyn Williams’ elevation to CEO signals a steady hand at PWR’s helm, but the timing of the CFO appointment will be key to maintaining momentum.
Questions in the middle?
- Who will be appointed as the new CFO, and how quickly will the transition occur?
- What strategic priorities will Williams focus on as she takes the CEO role?
- How will the leadership changes impact PWR’s operational performance and market positioning?