Zoono CEO steps down as investors fume

Zoono CEO steps down as investors fume
Zoono anti-viral being sprayed in a Melbourne tram, May 2020 (Image: Getty)
Denise McNabb
After days of rumours on an Australian investor forum and a query from the ASX about the company’s yo-yo share price, Zoono founder Paul Hyslop stepped down as chief executive on Friday.Hyslop will remain on the board of the New Zealand-based manufacturer of a proprietary, long-life hand and surface sanitiser. His move follows a volatile period for the ASX-listed global antimicrobials company that he formed in 2007 and took public a decade later.Its share price has slumped from a high of A$3.29 in July 2020, when the first onset of t...

More Markets

NZ sharemarket enjoys good week with fourth gain
Markets Market close

NZ sharemarket enjoys good week with fourth gain

The S&P/NZX 50 Index closed at 11,938.08, up 64.04 points or 0.54%.

BHP CEO flies to South Africa to push $65.4 billion takeover
Markets

BHP CEO flies to South Africa to push $65.4 billion takeover

The executives have already begun conversations with key stakeholders.

Rakon shareholder wants light shed on $400m bid
Markets

Rakon shareholder wants light shed on $400m bid

US giant Skyworks could be Rakon's new owner. One shareholder wants it to confirm.