Bank of Queensland CEO and MD Jon Sutton resigns

Company News

by Anna Napoli

Bank of Queensland (ASX:BOQ ) CEO and MD, Jon Sutton has resigned to focus on his long-term health following a heart operation earlier this year.

Chief operating officer, Anthony Rose will be interim CEO which a search an executive search is conducted.

The bank has thanked Mr Sutton for his loyalty, dedication, and, contribution since joining BOQ in 2012.

BOQ held its AGM last week capping off a challenging year, in which cash earnings fell by 2 per cent to $372 million when compared to 2017.

Shares in Bank of Queensland (ASX:BOQ) trading 3.18 per cent lower at $9.59.



 

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.