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Sol Lukatsky steps down as MD of Spirit Technology Solutions (ASX:ST1)

ASX News, Telecommunication
ASX:ST1      MCAP $65.59M
16 May 2022 14:10 (AEST)
Spirit Technology Solutions (ASX:ST1) - Resigning Managing Director, Sol Lukatsky

Source: Spirit Technology Solutions

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.

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