The two founders of superannuation ratings and research house, Chant West, Warren Chant and Andrea West have departed the company.
The now publicly-listed company announced the Chant and West departures to the Australian Securities Exchange early last week, stating the pair had reached their decision “following discussions with their fellow directors about the composition of the Board and their ongoing roles with the company”.
It said the board had immediately commenced a search for an independent chairman to replace Chant, with Dr Philip Carter stepping in as non-executive chairman in the interim.
Chant assumed the position of non-executive chairman in November, last year, following the completion of the transaction which saw Chant West Holdings born out of Chant West being acquired by publicly-listed Enzumo during which Chant and West were joint chief executives.
Both Chant and West retired as executive directors and joint chief executives of the transitional company in November, with the company announcing that both would continue to be closely in involved in the business by chairing key committees and as consultants.