At last they didn’t bury it on Friday evening:
Toronto, Ontario, June 6, 2019 – Lydian International Limited (TSX:LYD) (“Lydian” or the “Company”) announced today the following management update.As part of the Company’s restructuring program, Joao Carrelo, President and Chief Executive Officer and a member of the board of directors, will step down effective June 12, 2019. Russell Ball, Chairman of Lydian, commented on behalf of the board, “We thank Joao for his leadership over the past year and we are pleased he has agreed to continue to assist the Company on a consulting basis going forward. We wish him well with his future opportunities.”
Lydian also announced that the board of directors has appointed Edward Sellers, a current member of the board of directors, as Interim President and Chief Executive Officer, effective June 12, 2019.