Paul O’Malley will succeed Kirby Adams as Managing Director and CEO of BlueScope Steel from 1 November, also joining the company's Board in the transition.

Mr O’Malley joined BlueScope Steel as Chief Financial Officer in December 2005. He was formerly the CEO of TXU Energy, a subsidiary of TXU Corp of Texas, US. Prior to that, he worked in investment banking and consulting. Born in Dubbo NSW, Mr O’Malley holds a Bachelor of Commerce and Master of Applied Finance. BlueScope Steel Chairman Graham Kraehe said: “Paul is an experienced global executive who has demonstrated a strong track record of delivering results in both operating and finance roles. He will further develop our markets and customer relationships while maintaining the world class manufacturing and safety performance that is a hallmark of BlueScope Steel.” Mr Kirby was CEO of the business for more than seven years and Managing Director and CEO of BlueScope Steel as a publicly listed company for over five years.