Hexima Limited announced that Mr. Michael Aldridge, its Managing Director & CEO, will resign his executive responsibilities effective immediately. Nicole van der Weerden, currently Chief Operating Officer, will serve as acting CEO. Mr. Aldridge will continue as a non-executive director of the Company.
This step is consistent with Hexima's previously announced intention to manage expenses associated with non-essential employees in a cost effective and orderly manner. Mr. Aldridge will not be remunerated for his role as non-executive director.