- Happy Valley Nutrition (HVM) advises Chief Executive Officer Greg Wood has announced his resignation from the company
- His resignation is immediate but the former CEO will continue to work with the company to ensure a smooth hand over whilst the company find a suitable replacement
- The company also thanked Mr Wood, saying he played an integral role in advancing the development of its state-of-the-art nutritional grade facility in New Zealand
- Happy Valley Nutrition shares are down 6.8 per cent to trade at 5.5 cents
Happy Valley Nutrition (HVM) advises Chief Executive Officer Greg Wood has announced his resignation from the company.
His resignation is immediate but HVM said he would continue to work with the company to ensure a smooth hand whilst Happy Valley find a suitable replacement.
Since listing on the ASX in early 2020, the company said Mr Wood has played an integral role in advancing the development of its state-of-the-art nutritional grade facility in New Zealand.
The company added that it will continue to support the New Zealand management team as it advances financing and offtake agreements which are ongoing with a number of parties.
Happy Valley Nutrition Chairmain Ivan Hammerschalg said the company was grateful for the former CEO’s commitment.
“Over what has been a very challenging two and a half years for many companies given the global pandemic, Greg Wood and his team have delivered critical milestones to the point where we now have a world class, shovel-ready nutritional grade Facility,” he said.
Happy Valley Nutrition shares are down 6.8 per cent to trade at 5.5 cents at 1:26 pm AEDT.