Ardent looking for new directors
Recently, Ardent Leisure Group (ASX: AAD) announced the appointment of Simon Kelly as Group Chief Executive Officer and Managing Director, effective from 1 July 2017. The current CEO, Ms. Thomas will step down from the Board and her position as Chief Executive Officer and Managing Director and cease employment with effect from 1 July 2017. In accordance with her existing employment agreement, Thomas will be paid a termination benefit of $731,291 (equal to 12 months average base remuneration). Further, Ms. Thomas and Ardent have entered into a transitional arrangement, whereby she will provide ongoing support to the CEO, senior management and Board of Ardent in respect of the pending Coronial Inquiry into the Dreamworld tragedy.
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