On March 15, 2017, ThinkSmart Limited announced that the Board had accepted the resignation of Fernando de Vicente, CEO of ThinkSmart, with Mr. de Vicente due to leave the business on June 30, 2017. It has since been agreed, by mutual consent, that Mr. de Vicente will leave the company on April 30. A successor is expected to be announced in due course; in the meantime ThinkSmart will continue to be led by its founder and Executive Chairman, Ned Montarello.