eServGlobal chairman Richard Mathews has stepped down ahead of the planned appointment of a UK based chairman to align the company’s transition of its shareholder based from Australia to the UK.
Mathews was set to leave the company once a suitable replace had been found.
However, due to his increased executive duties and work load as chief executive of RungPincockMinarco, a mining services company, he has accelerated his departure.
Steve Baldwin has been appointed acting chairman until a new chairman is appointed.
Mathews said it had been a great journey, with a great business in a great market segment.
“I wish the management team, the board and the business all the best for the future and I am confident eServGlobal is well positioned for continued success in the years to come,” he said.
eServGlobal chief executive and managing director, Paolo Montessori, said Mathews' guidance and leadership had been instrumental in the company becoming a leading technology company in a rapidly growing market.
The Australian Corporation Act requires the company to have two Australian resident directors at all times.
In line with this, Tom Rowe, the company’s Sydney-based company secretary, has been appointed a director.