Novus CEO Keith Vroon has resigned with effect from 15 June 2018, the printing and packaging company said on Monday.
In a note to shareholders, Novus Holdings [JSE:NVS] said that Vroon has however agreed to stay until the end of June to ensure a smooth transition.
The company said Neil Birch, the current executive chairperson of the Board, will step in as CEO and chairperson with the current lead independent director, Jan Potgieter continuing in his role - "both competent and experienced individuals".
According to Novus Birch has more than 25 years experience in the printing and packaging industry, and has held chief executive roles in large organisations.
The Group, which is headquartered in Cape Town, operates 12 printing and packaging plants across the country and in parts of Africa.
Its annual results is expected to be published around 8 June.* SUBSCRIBE FOR FREE UPDATE: Get Fin24's top morning business news and opinions in your inbox.