Cavalier CFO Hipkiss resigns, effective immediately

Sun, 02 Apr 2017

By Rebecca Howard April 3 (BusinessDesk) - Cavalier Corp said Sarah Hipkiss has resigned from her position as chief financial officer with effect immediately. The Auckland-based carpet maker didn't provide a reason for the resignation in its statement but said a process for the recruitment of a replacement for Hipkiss will get underway shortly. In February, Cavalier posted a sharply lower first-half profit and the carpet maker and wool scourer continues to forecast no earnings growth for the full year as the cost of work to reduce deb...

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