Cover-More Group
(ASX:CVO) has announced CEO Peter Edwards will step down later this year.
Mr Edwards has advised that the weekly interstate commute from his home in Queensland is unsustainable and he wishes to retire.
Mr Edwards will be replaced by Mike Emmet from the start of July. Mr Emmett was most recently Operations executive at QBE and has also held national and international roles at IBM, Accenture and PwC.
Cover-More reported a net profit of $8.15 million for the six months to the end of December 2015.
