* Robert Boyd resigns after just two months
* Latest in series of management upheavals
* Board says search on for successor
(Adds company comment, share price move, dateline)
TORONTO, Oct 1 Athabasca Potash Inc API.TO
said late on Wednesday that Chief Executive Robert Boyd had
resigned, the latest development in a series of management
upheavals at the company.
Last month, shareholders of the Canadian potash explorer
elected an alternative slate of directors nominated by former
CEO Dawn Zhou, ousting the board that removed Zhou earlier this
year. [ID:nN26279066] [ID:nN04157060]
Saskatoon, Saskatchewan-based Athabasca said its board was
now searching for a successor to Boyd, who headed the company
for less than two months. He was named CEO in August after the
former board ousted Zhou in June.
A spokesman for Athabasca declined to comment on whether
Zhou would once again take the helm and said the company did
not have a specific time frame for naming a new CEO.
The spokesman said Zhou, who is currently executive
chairman, will be working closely with Athabasca's management
team to steer the company until a new CEO is named.
Shares of Athabasca were down 6 Canadian cents to C$5.97 on
Thursday on the Toronto Stock Exchange.
(Reporting by Euan Rocha in Toronto and Ajay Kamalakaran in
Bangalore; Editing by Anshuman Daga and Rob Wilson)