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HomeFinTechTYMLEZ: Shares slide as acting CEO and Executive Chairman moves on

TYMLEZ: Shares slide as acting CEO and Executive Chairman moves on

TYMLEZ Shares slide as acting CEO and Executive Chairman moves on

  • TYMLEZ’s (TYM) Acting CEO and Executive Chairman, Daniel O’Halloran, tenders his resignation
  • Mr O’Halloran has resigned as Chairman effective immediately and will walk away from the CEO role at the end of May to devote more time to his family and personal commitments
  • The company’s new Independent Chairman, Jason Conroy, says during Mr O’Halloran was instrumental in “restructuring, recapitalising and resetting the strategy of the business”
  • The company now begins a global search for a new CEO, with the outgoing Mr O’Halloran to stay at TYM as an advisor for a period beyond his end date to assist with a smooth leadership transition and business development initiatives
  • Shares in TYM are down 25 per cent and trading at 0.9 cents at 1:05 pm AEDT
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