Aug 22 (Reuters) - MSL Solutions Ltd MPW.AX :
* CURRENT CHAIRMAN JOHN DOWN, WILL RETIRE AT END OF AUGUST 2019
* TONY TOOHEY APPOINTED AS EXECUTIVE DIRECTOR & CHAIRMAN
* CEO & MD CRAIG KINROSS TRANSITIONS TO NEW ROLE AS DIRECTOR OF STRATEGY TARGETING KEY STRATEGIC GROWTH OPPORTUNITIES FOR GROUP
* PAT HOWARD JOINS AS COMPANY'S NEW CEO
* SEES $5M TO $6M DECREASE IN HEADCOUNT COSTS AND OTHER OPERATIONS FY20
* RESTRUCTURING COSTS RELATED TO HEADCOUNT REDUCTION ARE ESTIMATED AT $0.9M TO $1.2M, INCURRED DURING FY20
* EXPECTS TO INCUR AN IMPAIRMENT CHARGE OF BETWEEN $10M TO $12M OF GOODWILL IN FY19 FINANCIAL STATEMENTS
* WILL REDUCE ITS CAPITALISATION OF SOFTWARE DEVELOPMENT COSTS FOR FY19 FROM $2.1M TO $0.45M