BuildingIQ’s (ASX:BIQ) CEO Michael Nark resigns

• BuildingIQ (BIQ) has announced its long-serving President and CEO, Michael Nark, has resigned
• At this time, Michael will also step down from his Board commitments but will continue to help the company during the transition
• The energy solutions company has begun scouting a replacement
• BuildingIQ shares have remained steady all day, trading at 1.6¢ apiece

BuildingIQ (BIQ) has announced its long-serving President and CEO, Michael Nark, has resigned.

At this time, Michael will also step down from his Board commitments but will continue to help the company transition as schedules permit.

He has been apart of the company for more over six years during a time of transformational growth.

“On behalf of the Board, Interim Chair, Will Deane, thanked Michael for his dedicated service to BuildingIQ since his appointment in September 2013,” the company said.

“We are very appreciative of Michael’s efforts and leadership as President and CEO and wish him well in his future endeavours,” he added.

BuildingIQ has started searching for a new CEO with the appropriate skills to continue to grow the business.

For now, Greg Pynt will take on the role and will work closely with the management team until a new CEO is appointed.

Michael’s last day will be on February 21 2020.

BuildingIQ shares have remained steady all day, trading at 1.6¢ apiece.