The Board of Brierty Limited (ASX: BYL) is pleased to announce the appointment of Mr Tony Bevan to the position of Chief Executive Officer for an initial period of six months during which an assessment will be made as to whether he will continue in the role on a permanent basis.
A summary of the key terms of the Chief Executive Officer's employment agreement is attached.
Mr Bevan has been acting Chief Executive Officer since the resignation of the former Managing Director, Mr Stuart Crofts, earlier this month.
The Board has also appointed Mr Geoff Edwards to the position of Chief Financial Officer for the same initial six month period
Until recently Mr Edwards was the CFO of Neptune Marine Services Limited, playing an integral role in the company's development over a four year period.
Mr Edwards commences on 6 September 2010.
NMS Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held