The fallout from less than impressive business and share price performance amongst some listed Internet companies intensified yesterday as eisa Limited informed the ASX it had suspended its chief executive officer.
No reason was offered for the decision and ARN was unable to obtain any additional comment from eisa.
Meanwhile, in other ASX-related news, beleaguered LibertyOne saw the resignation of Jeff Lewis, the founder of its Web development arm Zivo, which it acquired early in 1999.
Eisa's statement to the ASX said that during the suspension finance director Ian Timmis "will assume the role until further notice".
The ISP, which emerged out of Edge Technologies, now in liquidation, has been prominent in the news lately due to its plunging share price and struggle to raise money to buy OzEmail's retail operations from UUNet.
Over at LibertyOne, Lewis' shoes will be filled by strategic investments general manager, Marcelle Anderson.