Verbrec Limited announced the appointment of Mark Read as Chief Executive Officer effective 13 March 2023. This follows the previously announced succession planning the Board commenced on 19 October 2022 given the retirement of Linton Burns from the roles of CEO and MD is slated for 27 September 2023. Following Mr. Read's appointment, Mr. Burns will be resigning as a Director and will serve out the remaining term of his employment contract initially supporting Mark's transition and then finalising one or two projects.