Zoono CEO quits as financial woes mount

Zoono's antiviral solution got some heavy use through the pandemic. (Image: Getty)

Fri, 04 Nov 2022

Zoono Group’s chief executive, Barry Woolcott, has resigned seven months into the job. He will leave the troubled New Zealand-based and Australian stock exchange (ASX) listed manufacturer of a proprietary long-life hand and surface sanitiser in January.His departure follows a review of the company’s overhead structure after Zoono reported an annual loss of $12.1 million for the June 2022 year and negative net operating cashflow of $2m in the first quarter to Sept 30. Administration and corporate costs of $1.5m exceeded cus...

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