Commander loses two more scalps
- 17 December, 2007 15:53
The management exodus at ASX-listed integrator, Commander, has continued with the resignation of two senior officers on Friday.
Chief operating officer, Lakshman Mawalagedera, and chief financial officer, Carl Russett, have resigned from their posts effective January 7. According to a statement to the ASX, the pair will be on leave until that time.
The news follows the resignation of CEO, Adrian Coote, on December 10. He has been replaced by former Orion Telecommunications executive chairman and 20-year industry veteran, Amanda Lacaze.
Speaking with ARN last week, Commander chairperson, Elizabeth Nosworthy, indicated Coote's departure was the beginning of a management refresh to try and breathe new life into the beleaguered integrator.
Russett and Mawalagedera were both previously with RSL Com Australia, which was acquired by Commander in 2003. Mawalagedera joined RSL Com in 1996 as technical and operations director, while Russett joined in 1997 as financial controller.
The company has not announced their replacements. Commander shares dropped from $0.34 on Friday to $0.31 at the time of going to press.