Sequoia Financial Group Leadership Change
Key points
- Mr Garry Crole resigns as CEO and Director
- Mr David Hentschke appointed Interim Chairman
- Ms Floriane Allard appointed Director
- Mr Alex Fabbri appointed interim CEO
- Board initiates search for permanent CEO and Chairman
Full summary
Sequoia Financial Group Limited (ASX: SEQ) announces a significant change in its leadership team. Mr. Garry Crole has resigned as Group Chief Executive Officer and Director, effective immediately. The Board has accepted his resignation and thanked him for his contributions. Mr. Crole will remain a substantial shareholder. Mr. David Hentschke has been appointed as Interim Chairman, and Ms. Floriane Allard has been appointed as Director. Mr. Alex Fabbri, Head of Corporate Finance, has been appointed as interim CEO. The Board is conducting a comprehensive search for a permanent CEO and Chairman.
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