CV Check (ASX:CV1) - Outgoing CEO, Rod Sherwood
Outgoing CEO, Rod Sherwood
Source: CV Check
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  • CV Check (CV1) shares are off by 10 per cent after its Chief Executive Officer, Rod Sherwood, announced his resignation
  • The resume screening and verification service said its CEO and Executive Director would be stepping down for personal reasons, after sitting in the top spot for four and a half years
  • In his stead, CV1’s Independent Chair Ivan Gustavino will act as Executive Chair
  • The company is now on the hunt for its next CEO but affirmed Rod would aid the company through the transitional period if necessary
  • CV Check shares have fallen by 10.7 per cent following the news to trade at 12.5 cents

CV Check (CV1) shares are off by 10 per cent after its Chief Executive Officer, Rod Sherwood, announced his resignation.

In its announcement to market today, the resume’ screening and verification service declared the Chief Executive Officer and Executive Director would be stepping down from his regular duties for personal reasons.

Rod Sherwood, who had been with the company for close to 10 years, is set to remain available to assist CV Check through the transitional period if necessary.

In his stead will be CV1’s Independent Chair Ivan Gustavino, who will act as Executive Chair while the company undertakes a “widespread search” for someone to fill the top spot.

“I am immensely proud to have led The Company over the past four
and a half years,” the outgoing CEO commented.

“This is a time for change and renewal, which affords the ideal opportunity for me to step away from the business and allow CV1 group time to search for a new CEO who will lead it into the promising future I know lies ahead,” he said.

CV Check’s group Executive Chair Ivan Gustavino said the board is confident it has the management structure and organisational resilience to continue its organic growth.

CV Check shares have fallen by 10.7 per cent following the news to trade at 12.5 cents at 2:24 pm AEST.

CV1 by the numbers
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