Synergy International co-founder and chief executive David Irving has signalled his intention to step down from the CEO role as soon as a replacement can be found.
The board of Synergy is beginning an international search process for a new CEO. It is expected the search could take six to nine months.
“I’ve been considering this for a while,” Irving says. “I would have done it sooner but for the death of Chris [co-founder Chris Comber, who was killed in an accident last year]." The two founded the company 12 years ago.
Irving says one of the problems with owner-operated companies is that the owners often stay on too long. Synergy, according to Irving, is at a point in its evolution where it needs a fresh approach from a new CEO who can take the company to a much bigger size. The company has 230-plus staff, with revenues of $33 million.
Irving, who is the largest single shareholder with 28% of the company, will remain as a director.
He says he hopes to see out his two year term as president of ITANZ.