- Millennium Services Group (MIL) has appointed a Scott Alomes as CEO following the resignation of its CEO and Managing Director
- Exiting CEO and Managing Director Darren Boyd submitted his resignation, after two and a half years in the role
- Mr Alomes brings significant leadership experience and will commence the role in June
- Millennium Services Group is up 0.83 per cent, trading at 60.5 cents
Millennium Services Group (MIL) has appointed a new CEO following the resignation of its CEO and Managing Director.
CEO and Managing Director Darren Boyd submitted his resignation today, following two and a half years in the role.
Mr Boyd indicated that following the completion of his initial reason for joining the company – to restructure and position MIL for its next period of growth – he feels the time is appropriate to move on and look for similar opportunities that will utilise his unique skill set.
“When he (Darren Boyd) joined, over two and a half years ago, I am sure he did not expect the journey to be as challenging as it has been,” Chairman Stuart Grimshaw said.
“We certainly respect his commitment to the task he was confronted with and we wish him well in his next venture,” he added.
Darren Boyd will be replaced with Scott Alomes. Mr Alomes recently finished a five-year period at EZCORP Inc were he held the role of Chief Human Resources Officer, as well as managing the Canadian lending operations of the company.
The company says his experience across many industries will benefit Millennium as it moves into the next phase of its evolution.
Scott Alomes will commence his role as CEO in early June, with Stuart Grimshaw assuming the role in the interim.
Millennium Services Group is up 0.83 per cent, trading at 60.5 cents at 3:06 pm AEST.