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Ouch It’s never a good thing when a company dumps its CFO...

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aussiewebking

2,626 Posts.

26

22/05/18

17:22

Post #: 33256449
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Originally posted by clagged ↑

From Ann:

Kidman Resources Limited (Kidman) (ASX: KDR) advises that Charles McGill, its Chief
Financial Officer, has decided to resign from the Company. Mr McGill’s resignation is
effective immediately.

The Company’s Managing Director, Martin Donohue, said “In his time with the
Company, Charlie has worked very hard to prepare Kidman for its future expansion for
which I thank him. We wish him the best for the future.”

Kidman has commenced an executive search for a replacement for Mr McGill. In the
interim, Jason Eveleigh, Kidman’s current General Manager Finance and Commercial,
will take on the role of acting CFO.

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Ouch

It’s never a good thing when a company dumps its CFO “effective immediately”

With no replacement

I wonder what the real story was here....

KDR Price at posting: $2.38 Sentiment: Buy Disclosure: Held
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