ALS (ASX:ALQ) has announced the resignation of its CEO and Managing Director, Raj Naran after 23 years of service with the company, including 6 years as CEO and Managing Director.
ALS says its board has initiated a global search for his successor, while the Chief Strategy Officer, Malcolm Deane, will take the role of Acting CEO and Managing Director.
The company also says during Mr Naran's tenure, the company's market capitalisation grew 96% and the share price increased 65%.