InvestSMART Group (ASX:INV) appointed Andrew Ward as chief operating officer in addition to his role as chief financial officer, effective July 1, according to a Thursday filing with the Australian bourse.
The newly created COO role is expected to enhance the company's operational discipline in achieving its strategic goals, the filing added.
The company's shares fell 9% in recent Thursday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.