Spirit Technology Solutions (ASX:ST1) - Resigning Managing Director, Sol Lukatsky
Resigning Managing Director, Sol Lukatsky
Source: Spirit Technology Solutions
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Managing Director of Spirit Technology Solutions (ST1) Sol Lukatsky is stepping down from his post, effective July 2
  • Mr Lukatsky has been with the company for more than four years, taking on the role of Managing Director in September 2019
  • The company says during this time, Mr Lukatsky led Spirit through significant growth and a transformation from a wireless telco to an IT&T service provider
  • Current Executive Director Julian Haber will assume the role of interim Managing Director as the company undertakes a search to find a more permanent replacement
  • Shares in Spirit are down 7.35 per cent and are trading at 6.3 cents at 12:21 pm AEST

Managing Director of Spirit Technology Solutions (ST1) Sol Lukatsky is stepping down from his post, effective July 2.

Mr Lukatsky has been with the company for more than four years, taking on the role of Managing Director in September 2019.

The company said during this time, Mr Lukatsky led Spirit through significant growth and a transformation from a wireless telco to an IT&T service provider.

Furthermore, he played an important role in several business acquisitions and oversaw the divestment of Spirit’s direct-to-consumer business activities and communication tower portfolio.

Current Executive Director Julian Haber will assume the role of interim Managing Director as the company undertakes a search to find a more permanent replacement.

Mr Haber founded cyber security company Intalock Technologies which was acquired by Spirit for $15 million in 2020.

Prior to joining Spirit, he was responsible for the Public Sector – Queensland, Northern Territory and the Pacific Islands at Symantec.

Mr Lukatsky will assist Mr Haber with the transition before he steps down.

“Sol has made a significant contribution to the growth of Spirit over his tenure,” Spirit Chairman James Joughin said.

“The board is very grateful for his hard work and dedication to the company and wishes Sol all the very best for his future.”

Shares in Spirit were down 7.35 per cent and were trading at 6.3 cents at 1:39 pm AEST.

ST1 by the numbers
More From The Market Online
Sign for Nevada

Sierra Nevada rolls up drilling at Endowment, chasing high-grade silver

Sierra Nevada Gold Inc has completed its drilling work at the Endowment Mine in Nevada, with…
The Market Online Video

‘Taking money from the market’: Garbage giant cleans up as this week’s Hot Stock tip

Wealth Within chief analyst Dale Gillham and senior analyst Fil Tortevski have tipped $4.68 billion garbage giant
Lithium from spodumene surface

Raiden intercepts lithium mineral system at Andover South during maiden drilling

Raiden Resources Ltd has released results from its maiden diamond drilling program at Andover South in…
Punch in face concept

“A punch in the face”: HotCopper users unhappy with NOVONIX’s 60cps raise

NOVONIX has angered HotCopper users with its plans to raise capital at 60cps – a steep…