Plexure chair says CEO exit unrelated to merger

Plexure seemed to stall after gaining McDonald's as a customer and shareholder (Image: Depositphotos)

Tue, 17 Aug 2021

Plexure chair Phil Norman says the sudden resignation of his chief executive, which sent the share price spiralling 20% two weeks ago, was unrelated to the merger announced yesterday.“There was no connection, Craig [Herbison] had been talking to us for a while about his own priorities,” he told BusinessDesk.Norman said the former chief executive was involved in negotiating the merger and had been “supportive of the deal”.However, the top job often required a lot of time on the road meeting customers, and Herbison didn&rs...

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