Ardent Leisure new Group CEO to start earlier

Company News

by Roma Christian

Ardent Leisure Group (ASX:AAD) has announced that CEO and Managing Director Deborah Thomas will cease employment from 1 July 2017.

The leisure company says it will accelerate the start date of Simon Kelly, who was appointed the new Group CEO and Managing Director on the Board, on 26 April 2017.

Ardent says Ms Thomas will be paid a termination benefit of about $730,000, and will also be paid a consultancy fee of $3000 per day as she assists senior management with the Coronial Inquiry into the Dreamworld tragedy.

The company says they are also looking for a new Chief Financial Officer, and will provide an update when appropriate.

Shares in Ardent Leisure Group (ASX:AAD) closed on Friday 0.46 per cent higher to $2.14.

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