Richard Wankmuller, a veteran American engineering executive, started his tenure on June 29 as CEO of Australia's Cardno Ltd. as the Brisbane-based professional services firm copes with falling profits, market gyrations and a possible takeover by a private equity firm.
Wankmuller, the former president of rival Australian firm GHD Group Pty Ltd.'s North American operations who was named by Cardno's board as CEO and managing director in late May after a search, has relocated to Brisbane and now is visiting its Asia-Pacific, Europe and North America offices, says the company.