Grain handler GrainCorp Ltd
(ASX:GNC) has announced that Mark Irwin has resigned from his position as CEO and Managing Director of the company with immediate effect.
No reason was provided for Mr Irwin’s immediate departure with the company saying that Ian Wilton, currently GrainCorp’s Chief Financial Officer, has been appointed as interim CEO.
The company says it will immediately commence an international search for a new CEO.
Chairman Don Taylor also reaffirmed GrainCorp’s guidance for earnings before interest, tax, depreciation and amortisation of between $180 million and $210 million.
GrainCorp earned $63.16 million in the year to September, 2009.
