Brief: Wellington Drive Technologies Says Gottfried Pausch Will Assume Role Of Chair From John Mcmahon

Aofrio

26/11/2020 09:29

Nov 26 (Reuters) - Wellington Drive Technologies Ltd
 WDT.NZ :
    * WELLINGTON DRIVE TECHNOLOGIES- GOTTFRIED PAUSCH WILL
ASSUME ROLE
OF CHAIR FROM JOHN MCMAHON, EFFECTIVE 1 DEC 2020
    * WELLINGTON DRIVE TECHNOLOGIES- INTENDS TO FULLY REVERSE
SALARY
CUTS FOR ALL STAFF AND EXECUTIVES AND RESTORE FEES FOR DIRECTORS
FROM 1 JAN 2021
    * WELLINGTON DRIVE TECHNOLOGIES - ENGAGED KERRIDGE &
PARTNERS TO
ASSIST IN SEARCH FOR NEW CEO

Source text for Eikon:  ID: 
Further company coverage:  WDT.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))