The Board of Directors of Tempo Australia Ltd. appointed Nick Bowen as Executive Chairman. Mr. Bowen will commence his role with Tempo on 11th March 2013. Current Chairman, Mr. Robert Whitton, will transition to Non-Executive Director.

Mr. Bowen has over 30 years' experience in the industry. Most recently he was CEO and Managing Director of Macmahon Holdings limited for over 12 years, where he grew the business from a position of $120 million in debt and negative cash flows, to turnover of over $2 billion in 2012 with 4,800 employees worldwide. Prior to Macmahon, Mr. Bowen spent 14 years with Eltin Limited until November 1999 where he held a variety of roles (including Managing Director from 1991 to 1999) and grew the business substantially in Australia and overseas.