Sunwater CEO Glenn Stockton resigns amid Paradise Dam controversy
ABC News Australia reports that Sunwater CEO Glenn Stockton has resigned amid the ongoing Paradise Dam rebuild controversy. The move follows intense public debate over the project's cost and technical scope. A process to appoint new leadership has been launched.
According to ABC News Australia, the CEO of Queensland's state water utility Sunwater, Glenn Stockton, has resigned amid the controversy over the Paradise Dam rebuild project. His resignation was accepted by the board last week. The move comes as criticism of the project's cost increases and engineering design have intensified.
Independent reports on the project previously suggested that the rebuild cost could come in well above initial projections. The state government is weighing additional financing options to keep construction moving. Local communities are looking for improved flood-control and irrigation performance once the rebuild is complete.
The Sunwater board said the search for a new chief executive will begin in the coming weeks. Officials said work will continue regardless of the leadership change. Analysts note that the project's technical and financial management could affect agricultural productivity across the surrounding region.
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