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Australia's Downer EDI chairman steps down

March 3 (Reuters) - Australian contractor Downer EDI Ltd DOW.AX on Friday said Chairman Mark Chellew had resigned, and elected his deputy Mark Menhinnitt as its acting chairman.

The resignation follows earlier reports by the company of historical misreporting of revenue and work in progress in one of Downer's contracts in its Australian utilities business.

(Reporting by Savyata Mishra in Bengaluru; Editing by Maju Samuel)

((Savyata.Mishra@thomsonreuters.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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