Servtech CEO resigns

Tech firm Servtech Global Holdings has announced the resignation of chief executive Brett Quinn, while appointing company secretary Derek Hall as a non-executive director and Simon Ingleson as general manager.

In a statement to the ASX, Perth-based Servtech said it was attempting to cut costs following an operational review.

“As part of this review of operations and adoption of a reduced cost structure, Mr Brett Quinn has resigned as director of ServTech, with immediate effect,” the company said.

“The consultancy agreement through which Mr Quinn was appointed as CEO has been terminated by agreement.”

Mr Quinn will assist the company with the completion of the sale of three arms of the business to Ausnet Financial Services, which was announced in December last year.

Newly appointed general manager Simon Ingleson previously worked as an advertising director at News Corporation for more than 10 years, launching STM and PerthNow.

The news comes after the company announced a board restructure in November, with non-executive directors Bryn Hardcastle and David Newman, along with chairman Nick Cernotta and the company secretary all resigning.

Ziptel chief executive Bert Mondello and Gianmarco Orgnoni were appointed as non-executive directors while Mr Hall took over as company secretary, a position he also holds at Ziptel.