Plexure Leadership Change

Plexure Group Limited (NZX & ASX: PX1) Chairman, Phil Norman, today announced the Company’s Chief Executive, Craig Herbison, has resigned with immediate effect from today, 4 August 2021. Mr Herbison has also resigned as a Director of the Company with effect from the same date.

“Since joining Plexure in September 2017, Mr Herbison has led the business through a significant transition from a loss making entity to becoming cashflow positive and profitable in 2018 in 2019. Under his strong leadership, the business was scaled up for growth in 2020 and 2021, with investments being made in technology, the Company’s product portfolio, and its people, including a number of new senior executive appointments,” said Mr Norman.

“The Board respects Mr Herbison’s decision to resign and thanks him for his contribution over the last four years,” added Mr Norman.

In commenting on his resignation, Mr Herbison said, “the last few years have been demanding for me personally, including significant amounts of international travel, and this decision reflects my desire to focus on other priorities, including my young family. I am grateful to the dedicated team that have worked with me during my tenure and I am proud of what we have achieved together. I am confident that Plexure is well positioned for future success.”

A search for a new Chief Executive will commence immediately, with that individual leading an executive team recently bolstered by the appointment of Andre Gaylard as Chief Financial Officer, Paula Williams as Director of People and Culture and Kathryn Bryne as Chief Strategy Officer.


ENDS

Authorised by: Board of Directors

For more information please contact: 


Phil Norman
Chairman
Mobile: +64 21 667 210
Email: [email protected]

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Announcement PDF