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- Ignite (IGN) welcomes a new Executive Director to the board following the resignation of its current CEO
- Outgoing CEO Tim Moran’s final employment date is set for March 31, after which time Cameron Judson will take on an Executive Director role
- The board believes the appointment of Mr Judson will provide “strong and highly experienced leadership” to support profitable growth into the future
- Mr Judson will receive a base salary of $350,000 per annum until the release of Ignite’s full-year results in August
- Ignite last traded at 7 cents on March 15
Ignite (IGN) has welcomed a new Executive Director following the resignation of its current CEO.
Outgoing CEO Tim Moran’s final employment date is set for March 31, after which time Cameron Judson will take on the Executive Director role to lead the business until the release of Ignite’s full-year results in August.
Mr Judson has been a non-executive director of Ignite since March 2022 and brings with him a “wealth of leadership experience” in the recruitment industry in Australia.
“Having now spent 12 months on the board of Ignite, I have a greater understanding of the various opportunities within the business, and specialist recruitment in particular,” the incoming Executive Director said.
Ignite said Mr Judson was a “highly experienced and respective” senior executive who had held a variety of senior executive roles.
“He was part of the senior executive team at Chandler Macleod Group that grew revenue from $400 million to $1.4 billion and EBITDA from $12 million to $40 million between 2005 and 2015 to create one of Australia’s largest and most successful recruitment organisations,” Ignite Chairman Garry Sladden commented.
The board believes the appointment of Cameron Judson will provide “strong and highly experienced leadership” to support profitable growth into the future.
Cameron Judson’s remuneration arrangements will be equivalent to the outgoing CEO’s total fixed remuneration — a base salary of $350,000 per annum — on a pro-rata basis.
Mr Judson will assume all CEO responsibilities from March 15, as well as managing the outgoing Chief Executive transition.
Ignite last traded at 7 cents on March 15.
