Blackmores is now looking for two key executives, including a CEO, after the resignation of CEO of his Australian and New Zealand business David Fenlon.
The vitamin and supplement manufacturer announced the departure of Mr. Fenlon Thursday morning, shortly after the Melbourne-based beauty company, BWX, which declared itself to be the next managing director.
The resignation follows the sudden departure of Blackmores' former CEO, Richard Henfrey, in March, after about 19 months in the role. The founder of the company and the largest shareholder, Marcus Blackmore, acts as interim CEO until a new CEO is found.
Blackmores said in a statement at ASX on Thursday morning that Mr. Fenlon had resigned to return to Melbourne and run another company that was not a competitor.