From the annc and nothing untoward..."McAleese Limited (ASX: MCS) (Company) advises that Group Chief Financial Officer, Mr John Russell, has resigned his position to accept a new role. Mr Russell will remain with the Company for a period to ensure a smooth handover and to support the conclusion of the Company’s proposed recapitalisation "
And the reason why people resign a majority of the time is due to a better package elsewhere or just need a change as reported earlier today, Mr Russell is going to join Myer Family Investments who are based in Vic like McAleese are.
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