- Bill Identity (BID) Managing Director Guy Maine steps down
- Chief Commercial and Revenue Officer Darren Knihnicki and Chief Operating Officer Marco Miranda will act as interim joint managing directors
- The search for a replacement is underway and reportedly progressing well
- Shares are down 2.99 per cent at 32.5 cents each at 12:48 am AEST
Australian-founded tech company Bill Identity (BID) has announced that Guy Maine will step down from his role as managing director, effective October 1.
With offices in Australia, the US and UK, BID’s cloud-based platform uses automation that enables organisations to control their energy spend.
Mr Maine’s last day at the company will be September 30, with Chief Commercial and Revenue Officer Darren Knihnicki and Chief Operating Officer Marco Miranda to step in as interim joint managing directors to facilitate his transition.
Commenting on the shift, BID’s chairman Peter Tonagh said he thanked the outgoing leader for his contribution over the past four years.
“I would also like to extend my appreciation to Darren and Marco for agreeing to act as interim joint managing directors,” he said.
“Our search for a permanent managing director is progressing and we look forward to updating the market in due course.”
The company did not disclose a reason for Mr Maine’s departure.
Shares were down 2.99 per cent at 32.5 cents each at 12:48 am AEST.