Hazer Group Ltd’s (ASX:HZR) managing director Geoff Pocock has resigned from the company due to personal reasons.
Chief operating officer Mark Edwards has stepped in as the interim chief executive officer while an appropriate long-term replacement managing director is found.
READ: Hazer Group using science technology to create hydrogen and graphite
Chairman Tim Goldsmith said: “The board would like to thank Geoff for his efforts in developing the company to its current level.
“Geoff was instrumental in identifying Hazer’s commercial potential while still a university research project, and successfully created and built the company to where it is today.
“Through his guidance and leadership, Hazer has established itself as a well-funded ASX-listed company.
“Positioned Hazer well for growth”
“Under Geoff’s leadership, the company also has strong agreements and relationships with a number of leading potential partners, which have positioned Hazer well for growth into the future.
“We wish him all the best in his future endeavours.”
Director also steps down
Non-executive director Terry Walsh has also stepped down from his role on the Hazer Group board due to other board commitments.
He remains at Hazer in a business development capacity on a part-time basis.
READ: Hazer Group technology could position it to enter global industrial hydrogen market
Hazer Group is a technology development company undertaking the commercialisation of the Hazer Process, a low-emission hydrogen and graphite production process.
This process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high-quality graphite, using iron ore as a process catalyst.