(Phoenix, 23.Apr.2019) — Phoenix Global Resources plc announces that Mr. Sharma has served a notice on the company, which the company is treating as a notice terminating his employment in accordance with his service agreement and resigning from his position as CEO and a director of the company with immediate effect.
Pending the recruitment of a new CEO, Tim Harrington, a non-executive director of the company, will be appointed interim chairman of the executive committee, working closely with the CFO and COO.
Sir Michael Rake, Chairman, commented: “The board believes strongly in the company’s strategy and we are confident in Tim’s ability to lead the company as we conduct a search for a new CEO”.
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