MAD
15/03/2016 15:44
OFFICE
PRICE SENSITIVE
REL: 1544 HRS Energy Mad Limited
OFFICE: MAD: CEO Departure
Media Release 15 March 2016
CEO Departure
The Board of LED processor and distributor Energy Mad Limited is sad to
announce the departure of CEO/CFO, Paul Ravlich with effect from 1 April
2016.
Mr Ravlich has decided not to accept an appointment to either the CEO or CFO
roles created out of the restructure notified to the Market on 9 December
2015.
Mr Ravlich said "The decision was a difficult one, but I felt the time was
right to pursue opportunities and challenges outside of Energy Mad".
Mr Ravlich made a significant and material contribution to improving the
financial performance of Energy Mad since his appointment to the CEO role in
February 2013.
The Board wish to acknowledge Mr Ravlich's contribution and commitment to
Energy Mad and wishes him all the best for the future.
ENDS
For More Information Contact:
Brent Wheeler
Chairman
(021) 834 279
End CA:00279307 For:MAD Type:OFFICE Time:2016-03-15 15:44:01
