The Chairman of Navitas Limited (ASX: NVT), Ms Tracey Horton AO, today announced on behalf of the Board, that David Buckingham, Navitas’ Chief Financial Officer, will succeed Mr Rod Jones as the next Navitas Group Chief Executive Officer.
Mr Jones, the co-founder of the Company and Group CEO since its listing in 2004, is stepping down from the role after twenty-three years of service to the Company and the education sector.
Ms Horton said: “I am pleased that with David’s appointment we have a seasoned business professional, with a strong leadership track record and an understanding of the dynamics and opportunities of the education sector, gained from his time working at Navitas.”
Mr Buckingham will commence as the Group CEO from 1 March 2018, after the Company’s 2018 half year results. Mr Jones will continue as Managing Director until 30 June 2018, at which time Mr Buckingham will assume the role of Managing Director and Group CEO.
A transition process has now commenced to ensure a smooth and progressive handover of responsibilities. A focus of the transition period will be to ensure business continuity and continued investment in relationships with key education partners and other stakeholders.
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