- Release Date: 02/12/14 09:38
- Summary: OFFICE: JWI: Notification of Resignation of CEO
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JWI 02/12/2014 09:38 OFFICE PRICE SENSITIVE REL: 0938 HRS Just Water International Limited OFFICE: JWI: Notification of Resignation of CEO The Just Water International Limited (NZAX:JWI) board regrets to advise the resignation of CEO, Ian Ormiston. Harvard JV's stated plan to delist JWI from the stock exchange and continued focus on cost reduction means that the remit for the CEO role has significantly changed from the time of Ian's appointment in 2013. The board wishes to thank Ian for his contribution to JWI and acknowledge Ian's commitment through what has been a challenging operating environment. The board also acknowledges the positive changes he has made during his time with JWI. In view of the need for on-going cost reduction recently signalled by the board, it has decided to take the opportunity to combine the role of CEO and the role of Founder Director filled by Tony Falkenstein. Accordingly the board has appointed Mr Falkenstein as Managing Director, effective 8 December 2014. Paul Connell Chairman Just Water International Limited End CA:00258390 For:JWI Type:OFFICE Time:2014-12-02 09:38:36
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