The Board of Austock Group Limited announced that Bill Bessemer will step down as CEO of the company having facilitated a handover to Executive Chairman, Rob Coombe, who joined the Board in July, 2017. Mr. Bessemer is expected to continue serving on the Board of the company. Ross Higgins and Eric Barr will also resign as directors of the company.

These changes will take effect from the conclusion of the company's Annual General Meeting. The Board would like to thank Mr. Bessemer for his contribution as CEO, and to also acknowledge the contributions of Mr. Higgins and Mr. Barr as Directors. Non-Executive Director Jonathan Tooth will also continue to serve on the Board.