QuickFee Limited advised that following the recently announced resignation of CEO and Managing Director Eric Lookhoff for personal and family reasons, Eric will cease CEO and board duties immediately, and the CEO's duties of the Company will be performed jointly by Dale Smorgon, Non-Executive Director of QuickFee, Bruce Coombes, Founder & Executive Director of QuickFee, and Simon Yeandle, Chief Financial Officer (CFO) and Company Secretary of QuickFee, until a suitable replacement CEO is appointed. Dale Smorgon has held senior executive positions in a range of companies over the past 20 years, including more than 10 years with Inmatrix, acquired in 2010 by SunGard Data Systems (now FIS), which delivered credit risk analytics and software solutions to major financial institutions and professional firms in Australia and the United States. Dale has been a director of various QuickFee entities since 1 June 2012 and provides deep experience and important strategic direction to the business.

Dale is currently the Chief Executive Officer of Innovative Retail Pty Ltd. During this transition period, Dale will become an Executive Director and assume the CEO's responsibility for QuickFee's global product development technology and people and culture functions.