Mayfield Childcare Ltd. (AU:MFD) has released an update.
Mayfield Childcare Ltd. has announced the resignation of CEO Ashok Naveinthiran, who will remain for six months to ensure a smooth transition and complete the integration of the newly acquired Precious Cargo. Naveinthiran has been credited for transforming Mayfield into a national operator with doubled revenues exceeding $100M, managing 45 centres. The company has initiated a search for a successor with a strong background in multi-site national operations.
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