SYDNEY, June 15 — Australia’s Nuix Ltd said today its two top bosses would leave the company, in a blow to the software maker whose shares have tumbled about 68 per cent since its listing late last year following earnings downgrades.
The company today said Chief Executive Officer Rod Vawdrey, who has led the company for five years, would retire, while its contract with Chief Financial Officer Stephan Doyle was terminated by mutual agreement. Nuix’s capital raising and listing was the nation’s second-largest in 2020, and since its peak of A$11.855 in January this year, shares have tumbled nearly 78 per cent.
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