Resignation of CEO Simon Mander and Appointment of Simon Bennett

Metro Performance Glass (ASX: $MPP) has announced the resignation of Simon Mander, the Group CEO, who will be leaving the company on 10 May 2024. Simon Bennett, the current Director, has been appointed as the Executive Director, with the leadership team now reporting to him.

Executive Commentary on Resignation and Appointment

Simon Mander, the outgoing CEO, expressed his enjoyment in leading a passionate and dedicated team in New Zealand and Australia over the last 5 years. He wished the team every success in the future. Simon Bennett, the newly appointed Executive Director, expressed the new board's anticipation to work with the team in building a lower-cost business with a revitalized strategy to achieve acceptable financial performance in the medium term.

Summary of Resignation and Appointment

Metro Performance Glass (ASX: $MPP) has announced the resignation of CEO Simon Mander and the appointment of Simon Bennett as the Executive Director. The company expressed appreciation for Simon Mander's leadership during challenging times and wished him well for the future. The new board, led by Simon Bennett, aims to work with the team to build a lower-cost business with a revitalized strategy to achieve acceptable financial performance in the medium term. The Board has determined that Mr Bennett will be a non-independent director while in the Executive Director role, with the chair of the Board overseeing his performance.