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Bass Strait Oil Co Ltd announces change in status of chief executive officer

Sunday, 16 Mar 2014 07:57pm EDT 

Bass Strait Oil Co Ltd:Says that the directors has after discussions with chief executive office (CEO), Steven Noske, served him with a formal notice of termination after two months from March 14.Notice of termination does not represent any dissatisfaction with Noske's performance as CEO.Says it is currently assessing future strategic direction and it is planned that this assessment will be completed within two month notice period.Board is supportive of Noske in his role as CEO and Noske will continue to act as CEO during notice period and work with the board in carrying out this assessment.When assessment is completed, the board will have further discussions with Noske with view to him continuing in his role as CEO. 

Company Quote

-0.0010 -20.00%
23 Sep 2014