Latest Boardroom Shifts News

Ainsworth Game Technology has lodged a supplementary statement supporting Novomatic’s unconditional takeover bid, even as its CEO resigns amid regulatory hurdles. The board unanimously recommends acceptance, with the offer deemed fair by an independent expert.

Buxton Resources has promoted Martin Moloney from CEO to Managing Director, signaling a strategic leadership shift as the company continues its exploration efforts. Meanwhile, Non-Executive Director Jared Jacob departs to join Sandfire Resources.

Odessa Minerals appoints Tim Goldsmith, former Rincon CEO, as Non-Executive Chairman and raises $1.15 million to fuel exploration and acquisitions.

Aussie Broadband reported robust FY25 results with nearly $1.2 billion revenue and signed a transformative six-year wholesale agreement, setting the stage for ambitious growth through FY28.

Baby Bunting has reported record FY25 results and reaffirmed its FY26 guidance, driven by strong sales growth and the ongoing Store of the Future refurbishment program. The company is expanding both large and small format stores, aiming to return to a +10% EBITDA margin business.

Paladin Energy reported a record uranium production quarter at its Langer Heinrich Mine alongside a successful A$300 million equity raise, positioning the company for accelerated development of its Patterson Lake South project.

Critical Resources Limited has promoted Tim Wither from CEO to Managing Director, rewarding his leadership with a substantial incentive package as the company advances its critical minerals portfolio.

Enero Group reports a robust 13% increase in EBITDA for FY26 Q1, powered by strong Australian agency performance and strategic cost cuts, while Hotwire Global undergoes leadership changes and cost optimisation.

Dicker Data has acknowledged the suspension of former CEO David Dicker following a confidential whistleblower complaint but maintains the event did not materially affect the company’s securities or leadership structure.

INOVIQ Limited has raised $11.5 million through a $9.5 million placement and a $2 million share purchase plan to accelerate the development and commercialisation of its EXO-OC ovarian cancer test and exosome therapeutic program.

Ainsworth Game Technology announces the immediate resignation of CEO Harald Neumann and appoints COO Ryan Comstock as acting CEO while searching for a permanent replacement.

Cobalt Blue Holdings announces the retirement of long-serving Chairman Rob Biancardi, with Joe Kaderavek stepping up as Chair and CEO Dr Andrew Tong appointed Managing Director. The company also defers its planned name change, signaling a nuanced strategic evolution.