IN BRIEF: Wellnex Life names new interim chair as search continues
Wellnex Life Ltd - Melbourne-based consumer healthcare products company - Appoints Non-Executive Director Eric Jiang as interim executive chair, effective immediately. Ash Vesali transitions to role of non-executive director, having served as interim executive chair for an agreed six-month period. Wellnex says that its search for a permanent chief executive officer, which it started in late October, is at an advanced stage and that it will provide an update in due course. Adds that it executed a strategic turnaround to make its operating model leaner and more efficient under Vesali's leadership, the early benefits of which include "improvements to capital management governance and consolidation of the company's product portfolio". Says it acknowledges Vesali's "significant contributions" and its "effective progress" during his tenure. Read More