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BRIEF-Feronia Inc Says Xavier De Carniere To Resign As Chief Executive Officer

Published 2019-05-14, 05:51 p/m
Updated 2019-05-14, 06:00 p/m
© Reuters.  BRIEF-Feronia Inc Says Xavier De Carniere To Resign As Chief Executive Officer

May 14 (Reuters) - Feronia Inc FRN.V :

* . ANNOUNCES MANAGEMENT CHANGES

* XAVIER DE CARNIERE HAS DECIDED TO RESIGN AS COMPANY'S CHIEF EXECUTIVE OFFICER

* SAYS GILLES MARIT APPOINTED CFO

* SAYS FRANK BRAEKEN APPOINTED CHAIRMAN OF THE BOARD

* DE CARNIERE WILL CONTINUE IN HIS ROLE OF CEO UNTIL JUNE 30, 2019

* DE CARNIERE WILL REMAIN WITH COMPANY AS A STRATEGIC ADVISOR UNTIL DECEMBER 31, 2019

* GILLES MARIT WILL REPLACE DAVID STEEL WHO LEAVES COMPANY ON JUNE 30, 2019

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