Incitec Pivot (ASX:IPL) has announced that Jeanne Johns will step down as Managing Director and CEO.

The company said Paul Victor, the current CFO, will act as interim CEO while the board searches for a permanent replacement.

It also said Ms Johns will continue to assist during the transition period until 30 June 2023.

Incitec Pivot added Liza Somers, the company’s Chief of Staff, has been appointed as interim CFO.