Cardno say goodbye to three directors

Company News

by Rachael Jones

Computing platform Cardno (ASX:CDD) will say goodbye to three directors this year.

Neville Buch, Gary Jandegian and Roberto Prieto will retire from the Board.

The Company that runs the blockchain for the Ada cryptocurrency, began the rebuilding process when it refreshed the Board beginning in late calendar year 2015.

Cardno is now moving to a different stage focused on maintaining the existing momentum and beginning to grow.

They believe with respect to Cardno’s size of business that the current number of Directors which is eight - is too many for the size of the business.

Shares in Cardno (ASX:CDD) are trading 1.67 per cent lower to $1.18.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.