Bravura’s CEO to step down
Bravura Solutions has announced that Libby Roy will step down as its chief executive and managing director, effective immediately.
She will remain with the company until 30 June for handover and transition purposes. She has been in the role for barely a year.
In the announcement to the Australian Securities Exchange (ASX), the board announced it has commenced a global executive search for an experienced CEO to lead Bravura.
At the same time, Andrew Russell, who is currently an independent non-executive director and was previously CEO of Class Limited, will become interim CEO until the new CEO is appointed.
The interim CEO remuneration will comprise total fixed remuneration (base salary and superannuation) of $750,000 per annum.
Bravura’s chairman, Matthew Quinn, said that new CEO would be selected “based on their ability to provide exceptional service to [our] customers”.
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