Boom Logistics (ASX:BOL) has announced that after over four and a half years as Chief Executive Officer & Managing Director, Tony Spassopoulos will step down from those roles.

Boom Logistics says Ben Pieyre, the Chief Operating Officer, will assume the role of Interim CEO and Mr Spassopoulos will remain available to assist until August 14th.

Kieran Pryke, a Non-Executive Director, will have increased involvement in the business during the transition period and receive additional director fees of up to $15,000 per month.

Boom Logistics says a comprehensive internal and external search for a new CEO will commence and a permanent appointment is expected to be made later in 2023.